Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Ocean Biomedical Inc (NASDAQ: OCEA) closed at $0.66 in the last session, up 12.75% from day before closing price of $0.59. In other words, the price has increased by $12.75 from its previous closing price. On the day, 9.13 million shares were traded. OCEA stock price reached its highest trading level at $0.7171 during the session, while it also had its lowest trading level at $0.4603.
Ratios:
We take a closer look at OCEA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.07.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OCEA now has a Market Capitalization of 23123032 and an Enterprise Value of 41385332.
Stock Price History:
Over the past 52 weeks, OCEA has reached a high of $7.79, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -16.03%, while the 200-Day Moving Average is calculated to be -53.73%.
Shares Statistics:
According to the various share statistics, OCEA traded on average about 52.15K shares per day over the past 3-months and 954720 shares per day over the past 10 days. A total of 34.65M shares are outstanding, with a floating share count of 10.38M. Insiders hold about 70.20% of the company’s shares, while institutions hold 10.30% stake in the company. Shares short for OCEA as of 1730332800 were 165459 with a Short Ratio of 3.10, compared to 1727654400 on 183682. Therefore, it implies a Short% of Shares Outstanding of 165459 and a Short% of Float of 1.6199999999999999.
