Ocean Biomedical Inc (NASDAQ:OCEA) currently has a daily average trading volume of 54.48M but it saw 19121289 shares traded in last market. With a market cap of 7.44M USD, the company’s current market price of $0.05 came falling about -3.64 while comparing to the previous closing price of $0.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.48 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0462 while lowest mark touched by it was $0.058.
Taking a look at 20-day trading activity of Ocean Biomedical Inc (OCEA) gives us an average price of $0.0682, while its current price level is -98.48% below from 52-week high level whereas it is 8.85% 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 $0.1378 while that of 200 days or SMA-200 reads an average of $0.7360. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.23% during that period while stretching the period over a month that decreases to 23.63%. 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 31.61 which implies that the stock is in neutral territory.
Over the week, OCEA’s stock price is moving -36.80% down while it is -37.76% when we observe its performance for the past one month. Year-to-date it is -90.43% down and over the past year, the stock is showing a downside performance of -98.53%.
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. Stock’s beta reads 1.63. Its return on asset (ROA) is -2461.30% on average.
