Odyssey Marine Exploration, Inc. (OMEX) At $5.08 Offering A Unique Opportunity

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) currently has a daily average trading volume of 136.43K but it saw 1030396 shares traded in last market. With a market cap of 104.60M USD, the company’s current market price of $5.08 came rising about 24.51 while comparing to the previous closing price of $4.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.57 and as low as $2.85. In the recent trading on the day, stock has struck highest price mark of $4.5 while lowest mark touched by it was $5.25.

Taking a look at 20-day trading activity of Odyssey Marine Exploration, Inc. (OMEX) gives us an average price of $4.07, while its current price level is -8.84% below from 52-week high level whereas it is 78.25% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.24 while that of 200 days or SMA-200 reads an average of $4.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.40% during that period while stretching the period over a month that decreases to 5.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.55 which implies that the stock is in overbought territory.

Over the week, OMEX’s stock price is moving 25.12% up while it is 34.39% when we observe its performance for the past one month. Year-to-date it is 9.25% up and over the past year, the stock is showing an upside performance of 34.75%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $1M for current-quarter revenue.

Currently, Odyssey Marine Exploration, Inc.’s total number of outstanding shares is 20.07M. It has a price to earnings ratio (P/E ratio) of 220.87. Stock’s beta reads 0.13. Stock has a price to sale or P/S ratio amounts to 94.23. Its return on asset (ROA) is 4.09% on average.