The closing price of Ocean Biomedical Inc. (NASDAQ: OCEA) was $4.12 for the day, up 1.98% from the previous closing price of $4.04. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 1492188 shares were traded.
Ratios:
Our analysis of OCEA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.08.
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 140.44M and an Enterprise Value of 151.15M.
Stock Price History:
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 1.5076, while the 200-Day Moving Average is calculated to be 2.8975.
Shares Statistics:
OCEA traded an average of 6.93M shares per day over the past three months and 18.71M shares per day over the past ten days. A total of 10.60M shares are outstanding, with a floating share count of 8.57M. Insiders hold about 74.86% of the company’s shares, while institutions hold 13.75% stake in the company. Shares short for OCEA as of Feb 29, 2024 were 2.96M with a Short Ratio of 0.43, compared to 868.42k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.69% and a Short% of Float of 30.73%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.19 and low estimates of -$0.19.
Analysts are recommending an EPS of between -$3.08 and -$3.08 for the fiscal current year, implying an average EPS of -$3.08. EPS for the following year is -$0.89, with 1 analysts recommending between -$0.89 and -$0.89.
