In the last trading session, 16.9 million shares of the Ocean Biomedical Inc (NASDAQ:OCEA) were traded, and its beta was 1.56. Most recently the company’s share price was $0.06, and it changed around $0.0 or 2.90% from the last close, which brings the market valuation of the company to $8.98M. OCEA currently trades at a discount to its 52-week high of $4.68, offering almost -7700.0% off that amount. The share price’s 52-week low was $0.05, which indicates that the current value has risen by an impressive 16.67% since then. We note from Ocean Biomedical Inc’s average daily trading volume that its 10-day average is 15.01 million shares, with the 3-month average coming to 35.14 million.

Ocean Biomedical Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended OCEA as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Ocean Biomedical Inc (NASDAQ:OCEA) trade information

Instantly OCEA has showed a green trend with a performance of 2.90% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.0750 on recent trading dayincreased the stock’s daily price by 20.0%. The company’s shares are currently down -88.44% year-to-date, but still up 3.06% over the last five days. On the other hand, Ocean Biomedical Inc (NASDAQ:OCEA) is -49.53% down in the 30-day period. We can see from the shorts that 5.72 million shares have been sold at a short interest cover period of 0.07 day(s).

Ocean Biomedical Inc (NASDAQ:OCEA)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 17.04% of Ocean Biomedical Inc shares, and 2.60% of them are in the hands of institutional investors. The stock currently has a share float of 3.13%.