In the last trading session, 1.36 million shares of the Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) were traded, and its beta was 0.11. Most recently the company’s share price was $0.71, and it changed around $0.0 or -0.44% from the last close, which brings the market valuation of the company to $14.56M. OMEX currently trades at a discount to its 52-week high of $5.57, offering almost -684.51% off that amount. The share price’s 52-week low was $0.45, which indicates that the current value has risen by an impressive 36.62% since then. We note from Odyssey Marine Exploration, Inc.’s average daily trading volume that its 10-day average is 1.86 million shares, with the 3-month average coming to 6.91 million.
Odyssey Marine Exploration, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended OMEX as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Odyssey Marine Exploration, Inc. is expected to report earnings per share of 0 for the current quarter.
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Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) trade information
Instantly OMEX has showed a red trend with a performance of -0.44% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.7940 on recent trading dayincreased the stock’s daily price by 10.58%. The company’s shares are currently down -84.80% year-to-date, but still down -14.57% over the last five days. On the other hand, Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) is -82.63% down in the 30-day period. We can see from the shorts that 1.64 million shares have been sold at a short interest cover period of 10.56 day(s).
Odyssey Marine Exploration, Inc. (OMEX) estimates and forecasts
The year-over-year growth rate is expected to be -25.10%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1M in revenue for the current quarter. 1 analysts expect Odyssey Marine Exploration, Inc. to make 1M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.33M and 1.33M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -25.10%. Forecasts for the next quarter put sales growth at -25.10%.
OMEX Dividends
Odyssey Marine Exploration, Inc.’s next quarterly earnings report is expected to be released in November.
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.68% of Odyssey Marine Exploration, Inc. shares, and 41.20% of them are in the hands of institutional investors. The stock currently has a share float of 42.77%. Odyssey Marine Exploration, Inc. stock is held by 53.0 institutions, with FOURWORLD CAPITAL MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 14.8328% of the shares, which is about 3.03 million shares worth $14.79 million.
TWO SEAS CAPITAL LP, with 5.6334% or 1.15 million shares worth $5.62 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
