How to Buy Ocean Biomedical Stock
Ocean Biomedical Inc
Ocean Biomedical, Inc. , a biopharmaceutical company, focuses on discovering and developing therapeutic products in oncology, fibrosis, infectious diseases, and inflammation.
Ocean Biomedical stock last closed at $1.26, down 11.31% from the previous day, and has decreased 80.42% in one year. It has underperformed other stocks in the Biotechnology industry by 0.57 percentage points. Ocean Biomedical stock is currently +141.35% from its 52-week low of $0.52, and -89.61% from its 52-week high of $12.08.
There are currently 34.15M OCEA shares outstanding. The market capitalization of OCEA is $42.86M. In the past 24 hours, 169,698 OCEA shares were traded.
How to Buy Ocean Biomedical Stock
Wondering how to invest in Ocean Biomedical stock? Here's how.
- Figure out where to buy Ocean Biomedical stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Ocean Biomedical stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Ocean Biomedical stock: The Ocean Biomedical ticker symbol is OCEA. Is Ocean Biomedical stock a good investment? Should you buy shares of OCEA? How do OCEA's underlying business fundamentals look? Do top analysts think Ocean Biomedical is a good buy? Why has OCEA's stock price moved recently? (Hint: Our stock market analysis website can help you decide if OCEA is a good stock to buy).
- Execute your OCEA purchase: Decide if you will purchase OCEA shares at the current market price or use a limit order to purchase OCEA stock at a given price.
- Get notifications regarding your investment in OCEA: Create a watchlist to watch your investment in Ocean Biomedical shares.
Step 1: Figure out where to buy Ocean Biomedical stock
You need an online brokerage account in order to access the NASDAQ market and buy OCEA stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to invest in OCEA today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on stock market apps, you need to deposit funds:
Watch the tutorial below for more details transferring money into your investment account.
Step 4: Evaluate Ocean Biomedical stock
After you have identified the best place to buy Ocean Biomedical stock, it's crucial to evaluate their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Ocean Biomedical stock at a glance
Ocean Biomedical Overview
WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on OCEA's stock page.
What is the fair value of OCEA stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge OCEA's true value.
You can access additional valuation analysis on OCEA's stock here.
OCEA Financial Overview
Signs that OCEA is not financially healthy:
- OCEA has $1.03M in cash and short term investments. This is not sufficient to cover its annual cash burn of $8.60M.
- OCEA has cash burn of 8596000. It does not have enough cash and short-term investments to cover this.
- Total OCEA debt is still negative.
- There are more long-term liabilities than short-term assets on the OCEA balance sheet.
- OCEA debt to equity ratio of -1.01 is negative.
- There are more short-term liabilities than short-term assets on the OCEA balance sheet.
OCEA Trading Indicators
What are OCEA executives and large shareholders up to?
In the last 12 months, executives and large shareholders at OCEA have not bought or sold any shares.
Learn more about who owns OCEA stock here.
Can I get consistent income from OCEA stock?
No, Ocean Biomedical doesn't provide an income stream by paying out dividends.
What do other traders have to say about OCEA?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your OCEA purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and eToro will place the order.
If you need more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in OCEA
Now that you own some shares in OCEA, you'll want to keep up with your new stock purchase.
Make a watchlist to track your OCEA stock.
OCEA Feed
How to Buy Stock in Ocean Biomedical
To reiterate, here are the 6 steps for buying Ocean Biomedical stock:
- Figure out where to buy Ocean Biomedical stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Ocean Biomedical stock
- Execute your OCEA purchase
- Get notifications regarding your investment in OCEA
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Ocean Biomedical, hit the button below to create your watchlist.
Other Content You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.