Is Odyssey Marine Exploration, Inc (NASDAQ: OMEX) Worth What Its Shareholders Think It Is?

During the last session, Odyssey Marine Exploration, Inc (NASDAQ:OMEX)’s traded shares were 2.5 million, with the beta value of the company hitting 0.06. At the end of the trading day, the stock’s price was $0.72, reflecting an intraday gain of 10.79% or $0.07. The 52-week high for the OMEX share is $5.57, that puts it down -673.61 from that peak though still a striking 58.33% gain since the share price plummeted to a 52-week low of $0.30. The company’s market capitalization is $17.34M, and the average intraday trading volume over the past 10 days was 3.43 million shares, and the average trade volume was 2.27 million shares over the past three months.

Odyssey Marine Exploration, Inc (NASDAQ:OMEX) trade information

Odyssey Marine Exploration, Inc (OMEX) registered a 10.79% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.79% in intraday trading to $0.72, hitting a weekly high. The stock’s 5-day price performance is 106.66%, and it has moved by 55.17% in 30 days. Based on these gigs, the overall price performance for the year is -84.52%. The short interest in Odyssey Marine Exploration, Inc (NASDAQ:OMEX) is 1.5 million shares and it means that shorts have 1.97 day(s) to cover.

OMEX Dividends

Odyssey Marine Exploration, Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Odyssey Marine Exploration, Inc (NASDAQ:OMEX)’s Major holders

Odyssey Marine Exploration, Inc insiders own 3.74% of total outstanding shares while institutional holders control 38.23%, with the float percentage being 39.72%. FOURWORLD CAPITAL MANAGEMENT LLC is the largest shareholder of the company, while 49.0 institutions own stock in it. As of 2024-06-30, the company held over 3.03 million shares (or 14.8328% of all shares), a total value of $14.79 million in shares.

The next largest institutional holding, with 1.15 million shares, is of TWO SEAS CAPITAL LP’s that is approximately 5.6334% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.62 million.