In the last trading session, 7.7 million shares of the Odyssey Marine Exploration, Inc (NASDAQ:OMEX) were traded, and its beta was -0.78. Most recently the company’s share price was $1.09, and it changed around -$0.2 or -15.50% from the last close, which brings the market valuation of the company to $31.78M. OMEX currently trades at a discount to its 52-week high of $5.57, offering almost -411.01% off that amount. The share price’s 52-week low was $0.27, which indicates that the current value has risen by an impressive 75.23% since then. We note from Odyssey Marine Exploration, Inc’s average daily trading volume that its 10-day average is 75.41 million shares, with the 3-month average coming to 16.48 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.
Odyssey Marine Exploration, Inc (NASDAQ:OMEX) trade information
Instantly OMEX has showed a red trend with a performance of -15.50% 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 2.0900 on recent trading dayincreased the stock’s daily price by 47.85%. The company’s shares are currently up 51.39% year-to-date, but still down -27.81% over the last five days. On the other hand, Odyssey Marine Exploration, Inc (NASDAQ:OMEX) is 175.11% up in the 30-day period. We can see from the shorts that 1.9 million shares have been sold at a short interest cover period of 2.03 day(s).
OMEX Dividends
Odyssey Marine Exploration, Inc’s next quarterly earnings report is expected to be released in June.
Odyssey Marine Exploration, Inc (NASDAQ:OMEX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.28% of Odyssey Marine Exploration, Inc shares, and 20.68% of them are in the hands of institutional investors. The stock currently has a share float of 23.57%. Odyssey Marine Exploration, Inc stock is held by 46.0 institutions, with FOURWORLD CAPITAL MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 14.7929% of the shares, which is about 3.03 million shares worth $14.79 million.
TWO SEAS CAPITAL LP, with 5.6182% or 1.15 million shares worth $5.62 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 247.7 shares worth $0.27 million, making up 0.85% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held roughly 95.19 shares worth around $0.1 million, which represents about 0.33% of the total shares outstanding.
