Odyssey Marine Exploration, Inc (NASDAQ: OMEX) is -67.13% lower on its value in year-to-date trading and has touched a low of $0.27 and a high of $5.25 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 $1.49 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $1.66, the stock is 21.48% and 43.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing 11.41% at the moment leaves the stock 136.48% off its SMA200. OMEX registered 130.56% gain for a year compared to 6-month gain of 143.40%. The firm has a 50-day simple moving average (SMA 50) of $1.15292 and a 200-day simple moving average (SMA200) of $0.70202.
The stock witnessed a 33.87% loss in the last 1 month and extending the period to 3 months gives it a 263.64%, and is -2.35% 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 13.03% over the week and 12.33% over the month.
Odyssey Marine Exploration, Inc (OMEX) has around 11 employees, a market worth around $52.02M and $0.70M in sales. Profit margin for the company is 2055.55%. Distance from 52-week low is 514.59% and -68.38% from its 52-week high.
44.0 institutions hold shares in Odyssey Marine Exploration, Inc (OMEX), with institutional investors hold 20.79% of the company’s shares. The shares outstanding are 29.16M, and float is at 26.48M with Short Float at 12.24%. Institutions hold 17.81% 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.
