Odyssey Marine Exploration, Inc (NASDAQ: OMEX) is 109.72% higher on its value in year-to-date trading and has touched a low of $0.27 and a high of $5.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OMEX stock was last observed hovering at around $0.85 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $1.51, the stock is 213.66% and 233.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 281.22 million and changing 77.21% at the moment leaves the stock 6.07% off its SMA200. OMEX registered -58.40% loss for a year compared to 6-month loss of 152.72%. The firm has a 50-day simple moving average (SMA 50) of $0.45312 and a 200-day simple moving average (SMA200) of $1.42367.
The stock witnessed a 253.05% gain in the last 1 month and extending the period to 3 months gives it a 131.24%, and is 170.80% 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 62.00% over the week and 31.82% over the month.
Odyssey Marine Exploration, Inc (OMEX) has around 11 employees, a market worth around $44.03M and $0.77M in sales. Profit margin for the company is 2037.00%. Distance from 52-week low is 459.05% and -72.90% from its 52-week high.
.
Odyssey Marine Exploration, Inc (OMEX) Top Institutional Holders
45.0 institutions hold shares in Odyssey Marine Exploration, Inc (OMEX), with institutional investors hold 23.58% of the company’s shares. The shares outstanding are 28.83M, and float is at 25.57M with Short Float at 7.42%. Institutions hold 20.68% 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 14.7929% 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 5.6182 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.86 million shares representing 4.1764% and valued at over $4.17 million, while CORBIN CAPITAL PARTNERS, L.P. holds 2.6927 of the shares totaling 0.55 million with a market value of $2.35 million.
Odyssey Marine Exploration, Inc (OMEX) Insider Activity
The most recent transaction is an insider purchase by Justh Mark B, the company’s Director. SEC filings show that Justh Mark B bought 50,000 shares of the company’s common stock on Dec 31 ’24 at a price of $0.64 per share for a total of $32235.0. Following the purchase, the insider now owns 0.55 million shares.
Odyssey Marine Exploration, Inc disclosed in a document filed with the SEC on Dec 24 ’24 that Justh Mark B (Director) bought a total of 250,000 shares of the company’s common stock. The trade occurred on Dec 24 ’24 and was made at $0.55 per share for $0.14 million. Following the transaction, the insider now directly holds 0.5 million shares of the OMEX stock.
