Ocean Bio-Chem (NASDAQ:OBCI) Announces Earnings Results

Ocean Bio-Chem (NASDAQ:OBCI) posted its quarterly earnings results on Wednesday. The company reported $0.11 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Ocean Bio-Chem had a net margin of 7.03% and a return on equity of 10.99%. The company had revenue of $10.95 million during the quarter.

OBCI traded down $0.01 during trading on Thursday, reaching $3.38. 1,600 shares of the company’s stock were exchanged, compared to its average volume of 10,763. Ocean Bio-Chem has a 1 year low of $2.90 and a 1 year high of $4.78. The company has a debt-to-equity ratio of 0.17, a current ratio of 6.22 and a quick ratio of 3.05. The stock has a market capitalization of $33.44 million, a PE ratio of 10.82 and a beta of 0.75. The stock has a fifty day moving average of $3.53.

About Ocean Bio-Chem

Ocean Bio-Chem, Inc manufactures, markets, and distributes appearance, performance, and maintenance products for the marine, automotive, power sports, recreational vehicle, and outdoor power equipment markets in the United States and Canada. The company offers marine products, including polishes, cleaners, protectants, and waxes; enzyme fuel treatments; private label products; motor and teak oils, boat washes, vinyl and teak cleaners, bilge and hull cleaners, silicone and polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives, and anti-freeze coolants; and brushes, poles, tie-downs, and other related accessories.

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Earnings History for Ocean Bio-Chem (NASDAQ:OBCI)

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