Ocean Biomedical Inc (NASDAQ:OCEA) currently has a daily average trading volume of 226.55K but it saw 168827 shares traded in last market. With a market cap of 23.30M USD, the company’s current market price of $0.67 came falling about -9.95 while comparing to the previous closing price of $0.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.79 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.643 while lowest mark touched by it was $0.76.
Taking a look at 20-day trading activity of Ocean Biomedical Inc (OCEA) gives us an average price of $0.6358, while its current price level is -91.42% below from 52-week high level whereas it is 45.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7138 while that of 200 days or SMA-200 reads an average of $1.2294. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.14% during that period while stretching the period over a month that decreases to 12.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.21 which implies that the stock is in neutral territory.
Over the week, OCEA’s stock price is moving 20.81% up while it is -3.76% when we observe its performance for the past one month. Year-to-date it is 20.81% up and over the past year, the stock is showing an upside performance of 6.05%.
Currently, Ocean Biomedical Inc’s total number of outstanding shares is 34.87M. Company’s return on equity (ROE) at -1691.47%. Stock’s beta reads 1.42. Its return on asset (ROA) is -1753.64% on average.