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NASDAQ: BOCN
Blue Ocean Acquisition Corp Stock

$11.11+0.02 (+0.18%)
Updated Apr 25, 2024
BOCN Price
$11.11
Fair Value Price
N/A
Market Cap
$121.06M
52 Week Low
$10.46
52 Week High
$11.42
P/E
48.28x
P/B
-10.07x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$4.42M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.01
Operating Cash Flow
-$2M
Beta
-0.01
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

BOCN Overview

Blue Ocean Acquisition Corp. is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or related business combinations. It targets the consumer Internet sector (online marketplaces, advertising technology, digital media and enabling technologies, and e-commerce businesses). The company was incorporated in 2021 and is based in Chevy Chase, MD.

Zen Score

Industry Average (8)
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Due Diligence Checks

BOCN was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
BOCN is poor value based on its earnings relative to its share price (48.28x), compared to the US market average (40.97x)
P/E vs Market Valuation
BOCN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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BOCN News

Valuation

BOCN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
48.28x
Industry
31.97x
Market
40.97x
BOCN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
BOCN is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

BOCN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-10.07x
Industry
-14.36x

BOCN's financial health

Profit margin

Revenue
$0.0
Net Income
$957.0k
Profit Margin
0%
BOCN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$67.3M
Liabilities
$12.2M
Debt to equity
-1.01
BOCN's short-term liabilities ($4.33M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BOCN's long-term liabilities ($7.82M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BOCN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
BOCN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$280.4k
Investing
-$180.0k
Financing
$420.0k
BOCN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

BOCN vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
BOCN$121.06M+0.14%48.28x-10.07x
IFIN$121.62M+0.04%57.48x-11.57x
EVGR$124.19M0.00%40.68x-14.37x
TCOA$117.91M+0.27%65.00x-13.83x
RCFA$117.91M0.00%-44.80x-12.27x

Blue Ocean Acquisition Stock FAQ

What is Blue Ocean Acquisition's quote symbol?

(NASDAQ: BOCN) Blue Ocean Acquisition trades on the NASDAQ under the ticker symbol BOCN. Blue Ocean Acquisition stock quotes can also be displayed as NASDAQ: BOCN.

If you're new to stock investing, here's how to buy Blue Ocean Acquisition stock.

What is the 52 week high and low for Blue Ocean Acquisition (NASDAQ: BOCN)?

(NASDAQ: BOCN) Blue Ocean Acquisition's 52-week high was $11.42, and its 52-week low was $10.46. It is currently -2.72% from its 52-week high and 6.17% from its 52-week low.

How much is Blue Ocean Acquisition stock worth today?

(NASDAQ: BOCN) Blue Ocean Acquisition currently has 10,900,965 outstanding shares. With Blue Ocean Acquisition stock trading at $11.11 per share, the total value of Blue Ocean Acquisition stock (market capitalization) is $121.06M.

Blue Ocean Acquisition stock was originally listed at a price of $10.01 in Dec 3, 2021. If you had invested in Blue Ocean Acquisition stock at $10.01, your return over the last 2 years would have been 10.94%, for an annualized return of 5.33% (not including any dividends or dividend reinvestments).

How much is Blue Ocean Acquisition's stock price per share?

(NASDAQ: BOCN) Blue Ocean Acquisition stock price per share is $11.11 today (as of Apr 25, 2024).

What is Blue Ocean Acquisition's Market Cap?

(NASDAQ: BOCN) Blue Ocean Acquisition's market cap is $121.06M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Blue Ocean Acquisition's market cap is calculated by multiplying BOCN's current stock price of $11.11 by BOCN's total outstanding shares of 10,900,965.
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