Odyssey Marine Exploration, Inc (NASDAQ: OMEX) is -91.88% lower on its value in year-to-date trading and has touched a low of $0.30 and a high of $5.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OMEX stock was last observed hovering at around $0.37 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.38, the stock is -15.45% and -36.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 1.53% at the moment leaves the stock -88.68% off its SMA200. OMEX registered -89.45% loss for a year compared to 6-month loss of -91.98%. The firm has a 50-day simple moving average (SMA 50) of $0.61696 and a 200-day simple moving average (SMA200) of $3.35642.
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The stock witnessed a -28.91% gain in the last 1 month and extending the period to 3 months gives it a -90.51%, and is -5.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.67% over the week and 9.67% over the month.
Odyssey Marine Exploration, Inc (OMEX) has around 11 employees, a market worth around $8.20M and $0.80M in sales. Profit margin for the company is 1556.95%. Distance from 52-week low is 24.65% and -93.22% from its 52-week high.
49.0 institutions hold shares in Odyssey Marine Exploration, Inc (OMEX), with institutional investors hold 39.72% of the company’s shares. The shares outstanding are 21.73M, and float is at 20.92M with Short Float at 5.98%. Institutions hold 38.23% of the Float.
The top institutional shareholder in the company is FOURWORLD CAPITAL MANAGEMENT LLC with over 3.03 million shares valued at $14.79 million. The investor’s holdings represent 14.8328 of the OMEX Shares outstanding. As of 2024-06-30, the second largest holder is TWO SEAS CAPITAL LP with 1.15 million shares valued at $5.62 million to account for 5.6334 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.86 million shares representing 4.1877 and valued at over $4.17 million, while CORBIN CAPITAL PARTNERS, L.P. holds 2.6999 of the shares totaling 0.55 million with a market value of $2.35 million.
