Should You Sell Odyssey Marine Exploration, Inc. (OMEX) And Go Away This Year?

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) currently has a daily average trading volume of 651.61K but it saw 326463412 shares traded in last market. With a market cap of 28.83M USD, the company’s current market price of $1.40 came rising about 182.09 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.57 and as low as $0.45. In the recent trading on the day, stock has struck highest price mark of $0.7991 while lowest mark touched by it was $1.86.

Taking a look at 20-day trading activity of Odyssey Marine Exploration, Inc. (OMEX) gives us an average price of $3.8528, while its current price level is -74.88% below from 52-week high level whereas it is 211.11% 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 $4.1104 while that of 200 days or SMA-200 reads an average of $4.2248. A closer look into the stock’s movement over the week reveals that its volatility is standing at 239.80% during that period while stretching the period over a month that decreases to 60.31%. 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 30.88 which implies that the stock is in neutral territory.

Over the week, OMEX’s stock price is moving -65.69% down while it is -62.67% when we observe its performance for the past one month. Year-to-date it is -69.89% down and over the past year, the stock is showing a downside performance of -63.16%.

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 60.87. Stock’s beta reads 0.22. Stock has a price to sale or P/S ratio amounts to 25.97. Its return on asset (ROA) is 4.09% on average.