Ocean Biomedical Inc (OCEA) Shares Are Down -90.24% YTD

Ocean Biomedical Inc (NASDAQ:OCEA) has a beta value of 1.57 and has seen 22.47 million shares traded in the last trading session. The company, currently valued at $7.59M, closed the last trade at $0.05 per share which meant it lost -$0.01 on the day or -15.09% during that session. The OCEA stock price is -7600.0% off its 52-week high price of $3.85 and 0.0% above the 52-week low of $0.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 125.04 million shares traded. The 3-month trading volume is 53.72 million shares.

Ocean Biomedical Inc (NASDAQ:OCEA) trade information

Sporting -15.09% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OCEA stock price touched $0.05 or saw a rise of 63.24%. Year-to-date, Ocean Biomedical Inc shares have moved -90.24%, while the 5-day performance has seen it change -15.49%. Over the past 30 days, the shares of Ocean Biomedical Inc (NASDAQ:OCEA) have changed -46.00%. Short interest in the company has seen 0.22 million shares shorted with days to cover at 0.01.

Ocean Biomedical Inc (OCEA) estimates and forecasts

The company’s shares have lost -94.19% over the past 6 months.

OCEA Dividends

Ocean Biomedical Inc is expected to release its next earnings report on 2024-Apr-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 17.04% of the company shares, while shares held by institutions stand at 2.60% with a share float percentage of 3.13%. Investors are also buoyed by the number of investors in a company, with Ocean Biomedical Inc having a total of 26.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 0.17% shares in the company for having 243.67 shares of worth $13158.0 while later fund manager owns 156.2 shares of worth $8434.0 as of Dec 31, 2024 , which makes it owner of about 0.11% of company’s outstanding stock.