November 21, 2016 - By Nellie Frank · 0 Comments
Ocean Bio Chem Inc (NASDAQ:OBCI) institutional sentiment increased to 4 in Q2 2016. Its up 3.00, from 1 in 2016Q1. The ratio has improved, as 3 funds opened new or increased equity positions, while 3 cut down and sold their stakes in Ocean Bio Chem Inc. The funds in our partner’s database now own: 279,267 shares, up from 258,605 shares in 2016Q1. Also, the number of funds holding Ocean Bio Chem Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 1 Increased: 2 New Position: 1.
Ocean Bio-Chem, Inc. is engaged in the manufacturing, marketing and distribution of a range of appearance, performance and maintenance products. The company has a market cap of $37.06 million. The Firm offers its services under the Star brite and Star Tron brand names within the United States and Canada. It has a 18.16 P/E ratio. In addition, the Company produces private label formulations of its products for various clients and provides custom blending and packaging services for these and other products.
About 21,537 shares traded hands. Ocean Bio-Chem, Inc. (NASDAQ:OBCI) has risen 45.53% since April 19, 2016 and is uptrending. It has outperformed by 41.67% the S&P500.
According to Zacks Investment Research, “OCEAN BIO-CHEM, INC. is principally engaged in the marketing and distribution of a broad line of appearance and maintenance products for automobiles, boats, motorcycles, recreational vehicles and aircraft under the Star Brite name.”
Grt Capital Partners L.L.C. holds 0.12% of its portfolio in Ocean Bio-Chem, Inc. for 198,016 shares. Bank Of America Corp De owns 3 shares or 0% of their US portfolio. Moreover, Blackrock Fund Advisors has 0% invested in the company for 671 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Geode Capital Management Llc, a Massachusetts-based fund reported 26,292 shares.#img1#
Ocean Bio-Chem, Inc., incorporated on November 13, 1973, is engaged in the manufacturing, marketing and distribution of a range of appearance, performance and maintenance products. The Firm 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 clients and provides custom blending and packaging services for these and other products. The Firm is also engaged in manufacturing, marketing and distributing disinfectant, sanitizing and deodorizing products under the Performacide and Star brite brand names. The products that the Company makes and markets include marine, automotive, recreational vehicle/power sports, outdoor power equipment/lawn and garden, disinfectants, sanitizers and deodorizers, and contract filling and blow molded bottles. The Firm produces its products at the manufacturing facilities of its subsidiary, Kinpak, Inc., in Montgomery, Alabama.
More important recent Ocean Bio-Chem, Inc. (NASDAQ:OBCI) news were published by: Prnewswire.com which released: “Ocean Bio-Chem, Inc. Reports Record Second Quarter Net Income of $657000, an …” on August 15, 2016, also Prnewswire.com published article titled: “Ocean Bio-Chem, Inc. Announces: Distribution Agreement with Davis …”, Streetinsider.com published: “Form 8-K OCEAN BIO CHEM INC For: Oct 28” on October 28, 2016. More interesting news about Ocean Bio-Chem, Inc. (NASDAQ:OBCI) was released by: Seekingalpha.com and their article: “Ocean Bio-Chem: An Avian Flu Pure Play?” with publication date: May 26, 2015.
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By Nellie Frank