Ocean Biomedical Inc (NASDAQ:OCEA) currently has a daily average trading volume of 32.99M but it saw 13286819 shares traded in last market. With a market cap of 12.93M USD, the company’s current market price of $0.09 came rising about 8.24 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.79 and as low as $0.08.
Taking a look at 20-day trading activity of Ocean Biomedical Inc (OCEA) gives us an average price of $0.1274, while its current price level is -98.82% below from 52-week high level whereas it is 22.18% 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 $0.3570 while that of 200 days or SMA-200 reads an average of $0.8817. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.05% during that period while stretching the period over a month that increases to 25.15%. 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 26.59 which implies that the stock is in oversold territory.
Over the week, OCEA’s stock price is moving -8.91% down while it is -49.59% when we observe its performance for the past one month. Year-to-date it is -83.36% down and over the past year, the stock is showing a downside performance of -95.40%.
Currently, Ocean Biomedical Inc’s total number of outstanding shares is 140.59M with 17.04% of that held by the insiders while 2.60% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -1691.47%. Stock’s beta reads 1.43. Its return on asset (ROA) is -2461.30% on average.
