Ocean Bio-Chem Inc. (OBCI) Issues Earnings Results
Ocean Bio-Chem Inc. (NASDAQ:OBCI) released its quarterly earnings data on Monday. The company reported $0.17 earnings per share for the quarter. The company had revenue of $12.21 million for the quarter, compared to analyst estimates of $10.84 million. Ocean Bio-Chem had a return on equity of 2.37% and a net margin of 1.39%.
Ocean Bio-Chem (NASDAQ:OBCI) opened at 3.69 on Wednesday. Ocean Bio-Chem has a 1-year low of $1.93 and a 1-year high of $4.23. The firm has a market cap of $33.75 million, a price-to-earnings ratio of 73.80 and a beta of 0.63. The firm’s 50-day moving average price is $2.85 and its 200-day moving average price is $2.52.
Ocean Bio-Chem Company Profile
Ocean Bio-Chem, Inc is engaged in the manufacturing, marketing and distribution of a range of appearance, performance and maintenance products. The Company offers its services under the Star brite and Star Tron brand names within the United States and Canada. In addition, the Company produces private label formulations of its products for various customers and provides custom blending and packaging services for these and other products.
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