Somewhat Positive News Coverage Somewhat Unlikely to Impact Ocean Bio-Chem (OBCI) Stock Price

Headlines about Ocean Bio-Chem (NASDAQ:OBCI) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ocean Bio-Chem earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.419772075763 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Ocean Bio-Chem (NASDAQ:OBCI) traded down 1.03% on Monday, hitting $4.80. 27,366 shares of the company were exchanged. The stock has a 50 day moving average of $4.26 and a 200 day moving average of $4.35. The company has a market capitalization of $44.29 million, a price-to-earnings ratio of 12.77 and a beta of 0.67. Ocean Bio-Chem has a 52 week low of $2.55 and a 52 week high of $5.65.

Ocean Bio-Chem (NASDAQ:OBCI) last released its quarterly earnings results on Monday, August 14th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $9.90 million for the quarter. Ocean Bio-Chem had a net margin of 8.80% and a return on equity of 15.10%.

Separately, TheStreet downgraded shares of Ocean Bio-Chem from a “b-” rating to a “c+” rating in a research report on Friday, August 11th.

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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.

Insider Buying and Selling by Quarter for Ocean Bio-Chem (NASDAQ:OBCI)

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