Ocean Biomedical Inc (NASDAQ: OCEA) is -91.92% lower on its value in year-to-date trading and has touched a low of $0.05 and a high of $2.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OCEA stock was last observed hovering at around $0.05 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.04, the stock is -28.50% and -60.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.61 million and changing -6.49% at the moment leaves the stock -93.74% off its SMA200. OCEA registered -98.34% loss for a year compared to 6-month loss of -95.11%. The firm has a 50-day simple moving average (SMA 50) of $0.11412 and a 200-day simple moving average (SMA200) of $0.714625.
The stock witnessed a -50.33% gain in the last 1 month and extending the period to 3 months gives it a -93.87%, and is -17.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.84% over the week and 23.18% over the month.
Distance from 52-week low is -0.67% and -98.41% from its 52-week high.
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Ocean Biomedical Inc (OCEA) Top Institutional Holders
26.0 institutions hold shares in Ocean Biomedical Inc (OCEA), with institutional investors hold 3.13% of the company’s shares. The shares outstanding are 140.59M, and float is at 117.78M with Short Float at 0.19%. Institutions hold 2.60% of the Float.
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Ocean Biomedical Inc (OCEA) Insider Activity
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