OTAC 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$11.50 |
| 52 Week High | US$12.95 |
| 52 Week Low | US$10.50 |
| Beta | 0.024 |
| 1 Month Change | n/a |
| 3 Month Change | n/a |
| 1 Year Change | 6.58% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 17.35% |
Recent News & Updates
Shareholder Returns
| OTAC | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | n/a | 2.1% | 1.6% |
| 1Y | 6.6% | 35.4% | 25.1% |
Return vs Industry: OTAC underperformed the US Capital Markets industry which returned 33.6% over the past year.
Return vs Market: OTAC underperformed the US Market which returned 23.9% over the past year.
Price Volatility
| OTAC volatility | |
|---|---|
| OTAC Average Weekly Movement | n/a |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: OTAC has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine OTAC'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
| OTAC fundamental statistics | |
|---|---|
| Market cap | US$40.22m |
| Earnings (TTM) | -US$2.24m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-17.9x
P/E RatioIs OTAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OTAC income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$2.24m |
| Earnings | -US$2.24m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.64 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | -14.5% |
How did OTAC perform over the long term?
See historical performance and comparison