Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Ocean Biomedical Inc’s current trading price is -98.44% away from its 52-week high, while its distance from the 52-week low is 24.46%. The stock’s price range during this period has varied between $0.05 and $4.08. The company, active in the Healthcare sector, saw a trading volume of around 45.15 million for the day, considerably lower average daily volume of 53.84 million observed over the last three months.
Ocean Biomedical Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $4.08 on 04/01/24, and the lowest price during the same period was recorded at $0.05 on 03/19/25.
How Financial Performance Impacts Market Capitalization
Ocean Biomedical Inc (OCEA) has experienced a quarterly decline of -89.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.94M and boasts a workforce of 7 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4297, with a change in price of -0.8134. Similarly, Ocean Biomedical Inc recorded 32,883,883 in trading volume during the last 100 days, posting a change of -92.75%.
OCEA Stock Stochastic Average
As of today, the raw stochastic average of Ocean Biomedical Inc over the past 50 days is 2.05%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 14.72%. Additionally, the Stochastic %K and %D values for the company were 28.27% and 25.73%, respectively, over the past 20 days.
OCEA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -88.50%.However, over the last six months, we can see a stronger performance of -93.58%. Over the last 30 days, the price of OCEA has leaped by -36.78%. And in the last five days, it has surged by 2.42%.
