Ocean Biomedical, Inc.

Ocean Biomedical, Inc.verified

OCEA

Price:

$0.9865

Market Cap:

$34.18M

Ocean Biomedical, Inc., a biopharmaceutical company, focuses on discovering and developing therapeutic products in oncology, fibrosis, infectious diseases, and inflammation. The company is developing mono-specific and bi-specific humanized monoclonal antibodies (mAb) product candidates targeting Chi3l1 for the treatment of non-small cell lung cancer and glioblastoma multiforme; and a small molecule product candidate targeting Chit1 for the treatment of Idiopathic Pulmonary Fibrosis and Hermansky-Pudlak Syndrome. It is also developing three product candidates based on the WPDS platform, including a malaria vaccine candidate; a humanized mAb malaria therapeutic candidate targeting Plasmodium f...[Read more]

Industry

Biotechnology

IPO Date

2021-11-08

Stock Exchange

NASDAQ

Ticker

OCEA

The ROE as of September 2024 (TTM) for Ocean Biomedical, Inc. (OCEA) is 567.07%

According to Ocean Biomedical, Inc.’s latest financial reports and current stock price. The company's current ROE is 567.07%. This represents a change of -127.94% compared to the average of -2029.57% of the last 4 quarters.

Ocean Biomedical, Inc. (OCEA) Historical ROE (quarterly & annually)

How has OCEA ROE performed in the past?

The mean historical ROE of Ocean Biomedical, Inc. over the last ten years is 281.01%. The current 567.07% ROE has changed 101.79% with respect to the historical average. Over the past ten years (40 quarters), OCEA's ROE was at its highest in in the March 2021 quarter at 2.10%. The ROE was at its lowest in in the June 2021 quarter at -21438.32%.

Quarterly (TTM)
Annual

Average

281.01%

Median

93.85%

Minimum

0.54%

Maximum

935.82%

Ocean Biomedical, Inc. (OCEA) ROE by Quarter and Year

Discovering the peaks and valleys of Ocean Biomedical, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 967.16%

Maximum Annual ROE = 935.82%

Minimum Annual Increase = -99.94%

Minimum Annual ROE = 0.54%

Quarterly (TTM)
Annual
YearROEChange
20220.54%-99.94%
2021935.82%967.16%
202087.69%-12.31%

Ocean Biomedical, Inc. (OCEA) Average ROE

How has OCEA ROE performed in the past?

The current ROE of Ocean Biomedical, Inc. (OCEA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

341.35%

5-year avg

281.01%

10-year avg

281.01%

Ocean Biomedical, Inc. (OCEA) ROE vs. Peers

How is OCEA’s ROE compared to its peers?

Ocean Biomedical, Inc.’s ROE is greater than Enveric Biosciences, Inc. (-234.16%), greater than Hepion Pharmaceuticals, Inc. (-328.66%), greater than Elevation Oncology, Inc. (-57.97%), less than AVROBIO, Inc. (29.68%), greater than CohBar, Inc. (-55.32%), greater than Zura Bio Limited (-35.45%), less than eFFECTOR Therapeutics, Inc. (2.18%),

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