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NASDAQ: OCEA
Ocean Biomedical Inc Stock

$1.48-0.03 (-1.99%)
Updated Apr 23, 2024
OCEA Price
$1.48
Fair Value Price
-$0.14
Market Cap
$50.54M
52 Week Low
$0.52
52 Week High
$12.08
P/E
-0.38x
P/B
-0.67x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$98.59M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.01
Operating Cash Flow
-$9M
Beta
0.04
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

OCEA Overview

Aesther Healthcare Acquisition Corp. is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar combinations with one or more businesses. The company targets the pharmaceutical and medical devices sectors. Aesther was incorporated in 2021 and is based in New York, NY.

Zen Score

Industry Average (23)
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Due Diligence Checks

OCEA ($1.48) is overvalued by 1,174.44% relative to our estimate of its Fair Value price of -$0.14 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
OCEA ($1.48) is not significantly undervalued (1,174.44%) relative to our estimate of its Fair Value price of -$0.14 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
OCEA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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Valuation

OCEA fair value

Fair Value of OCEA stock based on Discounted Cash Flow (DCF)
Price
$1.48
Fair Value
-$0.14
Undervalued by
1,174.44%
OCEA ($1.48) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
OCEA ($1.48) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
OCEA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

OCEA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.38x
Industry
16.46x
Market
41.92x

OCEA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-0.67x
Industry
5.93x

OCEA's financial health

Profit margin

Revenue
$0.0
Net Income
-$14.1M
Profit Margin
0%
OCEA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$1.0M
Liabilities
$76.3M
Debt to equity
-1.01
OCEA's short-term liabilities ($30.85M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OCEA's long-term liabilities ($45.40M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OCEA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
OCEA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$1.1M
Investing
$0.0
Financing
$0.0
OCEA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

OCEA vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
OCEA$50.54M-1.66%-0.38x-0.67x
CKPT$51.21M-1.03%-0.45x-3.93x
CALC$49.30M+1.66%-0.60x6.04x
MAIA$49.21M+8.85%-1.65x103.05x
ABIO$52.93M+5.80%-9.86x1.43x

Ocean Biomedical Stock FAQ

What is Ocean Biomedical's quote symbol?

(NASDAQ: OCEA) Ocean Biomedical trades on the NASDAQ under the ticker symbol OCEA. Ocean Biomedical stock quotes can also be displayed as NASDAQ: OCEA.

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

What is the 52 week high and low for Ocean Biomedical (NASDAQ: OCEA)?

(NASDAQ: OCEA) Ocean Biomedical's 52-week high was $12.08, and its 52-week low was $0.52. It is currently -87.75% from its 52-week high and 184.62% from its 52-week low.

How much is Ocean Biomedical stock worth today?

(NASDAQ: OCEA) Ocean Biomedical currently has 34,149,046 outstanding shares. With Ocean Biomedical stock trading at $1.48 per share, the total value of Ocean Biomedical stock (market capitalization) is $50.54M.

Ocean Biomedical stock was originally listed at a price of $10.06 in Sep 15, 2021. If you had invested in Ocean Biomedical stock at $10.06, your return over the last 2 years would have been -85.29%, for an annualized return of -61.64% (not including any dividends or dividend reinvestments).

How much is Ocean Biomedical's stock price per share?

(NASDAQ: OCEA) Ocean Biomedical stock price per share is $1.48 today (as of Apr 23, 2024).

What is Ocean Biomedical's Market Cap?

(NASDAQ: OCEA) Ocean Biomedical's market cap is $50.54M, as of Apr 24, 2024.

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

Ocean Biomedical's market cap is calculated by multiplying OCEA's current stock price of $1.48 by OCEA's total outstanding shares of 34,149,046.
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