Ocean Bio-Chem (OBCI) Earns Daily Coverage Optimism Rating of 0.27
Headlines about Ocean Bio-Chem (NASDAQ:OBCI) have trended positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ocean Bio-Chem earned a news impact score of 0.27 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.6639496847925 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Ocean Bio-Chem (OBCI) traded up 3.00% during mid-day trading on Friday, hitting $4.47. 14,974 shares of the stock traded hands. Ocean Bio-Chem has a 52-week low of $2.41 and a 52-week high of $5.65. The firm’s 50-day moving average is $4.03 and its 200 day moving average is $4.30. The firm has a market cap of $41.24 million, a P/E ratio of 11.89 and a beta of 0.66.
Ocean Bio-Chem (NASDAQ:OBCI) last posted its quarterly earnings results on Monday, August 14th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $9.90 million during the quarter. Ocean Bio-Chem had a return on equity of 15.10% and a net margin of 8.80%.
Separately, TheStreet lowered shares of Ocean Bio-Chem from a “b-” rating to a “c+” rating in a research note on Friday, August 11th.
About Ocean Bio-Chem
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.
Receive News & Stock Ratings for Ocean Bio-Chem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ocean Bio-Chem Inc. and related stocks with our FREE daily email newsletter.