Ocean Bio-Chem (OBCI) Receives Media Impact Rating of 0.10

Media headlines about Ocean Bio-Chem (NASDAQ:OBCI) have trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news 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 media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.4160537933232 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Ocean Bio-Chem (NASDAQ OBCI) traded down $0.02 during mid-day trading on Tuesday, hitting $4.18. The company had a trading volume of 7,700 shares, compared to its average volume of 22,001. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.74 and a quick ratio of 2.87. Ocean Bio-Chem has a 1-year low of $3.48 and a 1-year high of $5.71. The company has a market cap of $38.78, a P/E ratio of 14.48 and a beta of 0.59.

Ocean Bio-Chem (NASDAQ:OBCI) last issued its quarterly earnings data on Tuesday, November 14th. The company reported $0.09 earnings per share for the quarter. Ocean Bio-Chem had a return on equity of 11.81% and a net margin of 7.18%. The business had revenue of $11.65 million for the quarter.

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

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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.

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