OTEC Stock Overview
OceanTech Acquisitions I Corp. does not have significant operations.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
OceanTech Acquisitions I Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.75 |
| 52 Week High | US$12.95 |
| 52 Week Low | US$10.50 |
| Beta | 0.025 |
| 1 Month Change | 4.63% |
| 3 Month Change | 6.62% |
| 1 Year Change | 11.59% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 19.90% |
Recent News & Updates
Shareholder Returns
| OTEC | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 6.5% | 2.6% | 1.2% |
| 1Y | 11.6% | 31.6% | 24.9% |
Return vs Industry: OTEC exceeded the US Capital Markets industry which returned 10.4% over the past year.
Return vs Market: OTEC underperformed the US Market which returned 19% over the past year.
Price Volatility
| OTEC volatility | |
|---|---|
| OTEC Average Weekly Movement | 6.5% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: OTEC has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine OTEC's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | Suren Ajjarapu | oceantechspac.com |
OceanTech Acquisitions I Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization/similar business combination with one/more businesses in the leisure marine, yachting, and superyachting industries. OceanTech Acquisitions I Corp. was incorporated in 2021 and is based in New York, New York.
OceanTech Acquisitions I Corp. Fundamentals Summary
| OTEC fundamental statistics | |
|---|---|
| Market cap | US$41.10m |
| Earnings (TTM) | -US$1.25m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-32.9x
P/E RatioIs OTEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OTEC income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$1.25m |
| Earnings | -US$1.25m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.36 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | -12.5% |
How did OTEC perform over the long term?
See historical performance and comparison