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In the latest session, Ocean Biomedical Inc. (NASDAQ: OCEA) closed at $1.74 up 11.54% from its previous closing price of $1.56. In other words, the price has increased by $11.54 from its previous closing price. On the day, 0.78 million shares were traded. OCEA stock price reached its highest trading level at $2.0293 during the session, while it also had its lowest trading level at $1.53.
Ratios:
For a deeper understanding of Ocean Biomedical Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.03 and its Current Ratio is at 0.03.
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 60289260 and an Enterprise Value of 77420344.
Stock Price History:
The Beta on a monthly basis for OCEA is 1.66, which has changed by -0.66213596 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, OCEA has reached a high of $12.08, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -37.91%, while the 200-Day Moving Average is calculated to be -22.95%.
Shares Statistics:
For the past three months, OCEA has traded an average of 6.99M shares per day and 433270 over the past ten days. A total of 34.65M shares are outstanding, with a floating share count of 9.14M. Insiders hold about 73.62% of the company’s shares, while institutions hold 13.57% stake in the company. Shares short for OCEA as of 1714435200 were 698013 with a Short Ratio of 0.10, compared to 1711584000 on 936025. Therefore, it implies a Short% of Shares Outstanding of 698013 and a Short% of Float of 6.84.
