Odyssey Marine Exploration, Inc (NASDAQ: OMEX) is -91.18% 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 $0.35 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $0.40, the stock is -1.81% and -12.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 16.16% at the moment leaves the stock -86.35% off its SMA200. OMEX registered -88.55% loss for a year compared to 6-month loss of -91.93%. The firm has a 50-day simple moving average (SMA 50) of $0.46776 and a 200-day simple moving average (SMA200) of $2.984455.
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The stock witnessed a 4.30% gain in the last 1 month and extending the period to 3 months gives it a -55.58%, and is 21.09% up 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 11.33% over the week and 19.39% over the month.
Odyssey Marine Exploration, Inc (OMEX) has around 11 employees, a market worth around $10.21M and $0.80M in sales. Profit margin for the company is 1556.95%. Distance from 52-week low is 33.56% and -92.74% 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 20.96M with Short Float at 11.38%. 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.
