NEW YORK ( TheStreet) -- Shares of Ocean Bio-Chem (Nasdaq: OBCI) have taken a tremendous swing upward. The stock is trading at $2.44 as of 1:15 p.m. ET, 20.2% above Monday's closing price of $2.03. Volume is at 24,954, 1.7 times the daily average of 14,300. Ocean Bio-Chem has a market cap of $16.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 9.1% year to date as of the close of trading on Monday. Ocean Bio-Chem, Inc. The company has a P/E ratio of 7.6, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Ocean Bio-Chem as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Ocean Bio-Chem Ratings Report. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center. Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.
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