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 4.86M but it saw 271916092 shares traded in last market. With a market cap of 24.85M USD, the company’s current market price of $0.85 came rising about 100.07 while comparing to the previous closing price of $0.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.57 and as low as $0.27. In the recent trading on the day, stock has struck highest price mark of $0.4155 while lowest mark touched by it was $1.13.

Taking a look at 20-day trading activity of Odyssey Marine Exploration, Inc (OMEX) gives us an average price of $0.4276, while its current price level is -84.71% below from 52-week high level whereas it is 215.48% 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 $0.4321 while that of 200 days or SMA-200 reads an average of $1.4389. A closer look into the stock’s movement over the week reveals that its volatility is standing at 57.82% during that period while stretching the period over a month that decreases to 30.34%. 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 70.11 which implies that the stock is in overbought territory.

Over the week, OMEX’s stock price is moving 24.00% up while it is 92.87% when we observe its performance for the past one month. Year-to-date it is 18.35% up and over the past year, the stock is showing a downside performance of -77.98%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Odyssey Marine Exploration, Inc’s total number of outstanding shares is 28.83M with 12.31% of that held by the insiders while 20.68% of its common stock has been owned by the institutions. Stock’s beta reads -0.42. Stock has a price to sale or P/S ratio amounts to 32.27. Its return on asset (ROA) is 75.93% on average.