Blue Ocean Acquisition Stock Today
| BOCN Stock | USD 11.37 0.34 2.90% |
Performance1 of 100
| Odds Of DistressLess than 25
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Blue Ocean is selling at 11.37 as of the 2nd of December 2024; that is 2.9% down since the beginning of the trading day. The stock's open price was 11.71. Blue Ocean has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Blue Ocean Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 22nd of February 2022 | Classification Financials |
Blue Ocean Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Chevy Chase, Maryland. Blue Ocean operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange. The company has 6.59 M outstanding shares of which 2.51 K shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. More on Blue Ocean Acquisition
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Blue Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Thematic Idea | SPAC (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, SPAC, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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| Debt LevelsBlue Ocean can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Blue Ocean's financial leverage. It provides some insight into what part of Blue Ocean's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Blue Ocean Acquisition (BOCN) is traded on NASDAQ Exchange in USA. It is located in 2 Wisconsin Circle, Chevy Chase, MD, United States, 20815 and employs 4 people. Blue Ocean is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 90.55 M. Blue Ocean Acquisition conducts business under Capital Markets sector and is part of Financials industry. The entity has 6.59 M outstanding shares of which 2.51 K shares are currently shorted by private and institutional investors with about 0.09 trading days to cover.
Blue Ocean Acquisition currently holds about 747.99 K in cash with (1.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Blue Ocean Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Blue Ocean Acquisition is $90.55 Million. Blue Ocean Acquisition shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.85 percent of Blue Ocean Acquisition outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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Blue Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Moore Capital Management, Lp | 2024-09-30 | 40 K | |
| Periscope Capital Inc. | 2024-06-30 | 0.0 | |
| Atlas Merchant Capital Llc | 2024-06-30 | 0.0 | |
| Apollo Management Holdings Lp | 2024-06-30 | 0.0 | |
| Bck Capital Management Lp | 2024-06-30 | 0.0 | |
| Centiva Capital Lp | 2024-06-30 | 0.0 | |
| Westchester Capital Management Llc | 2024-06-30 | 0.0 | |
| Radcliffe Group Inc | 2024-06-30 | 0.0 | |
| Polar Asset Management Partners | 2024-06-30 | 0.0 | |
| Meteora Capital, Llc | 2024-09-30 | 571.4 K | |
| First Trust Capital Management L.p. | 2024-09-30 | 344.1 K |
Blue Ocean Historical Income Statement
Blue Stock Against Markets
Blue Ocean Corporate Management
| Richard Leggett | Chief Officer | Profile | |
| Matt Lasov | Chief Officer | Profile | |
| Sean Glodek | VP Director | Profile | |
| Stuart Karle | Secretary Advisor | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Ocean Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blue Ocean. If investors know Blue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blue Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share (0.10) | Return On Assets (0.02) |
The market value of Blue Ocean Acquisition is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Ocean's value that differs from its market value or its book value, called intrinsic value, which is Blue Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blue Ocean's market value can be influenced by many factors that don't directly affect Blue Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blue Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.