Odyssey Marine Exploration, Inc (OMEX): Uncovering A True Diamond In The Rough

Odyssey Marine Exploration, Inc (NASDAQ:OMEX) currently has a daily average trading volume of 16.51M but it saw 6873750 shares traded in last market. With a market cap of 37.62M USD, the company’s current market price of $1.29 came falling about -5.15 while comparing to the previous closing price of $1.36. 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 $1.2 while lowest mark touched by it was $1.37.

Taking a look at 20-day trading activity of Odyssey Marine Exploration, Inc (OMEX) gives us an average price of $0.6725, while its current price level is -76.85% below from 52-week high level whereas it is 377.60% 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 $0.5211 while that of 200 days or SMA-200 reads an average of $1.3578. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.69% during that period while stretching the period over a month that increases to 32.61%. 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 68.00 which implies that the stock is in neutral territory.

Over the week, OMEX’s stock price is moving 51.39% up while it is 230.77% when we observe its performance for the past one month. Year-to-date it is 79.17% up and over the past year, the stock is showing a downside performance of -63.35%.

The company is expected to be releasing its next quarterly report in June, 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 12.28% of that held by the insiders while 20.68% of its common stock has been owned by the institutions. Stock’s beta reads -0.77. Stock has a price to sale or P/S ratio amounts to 48.86. Its return on asset (ROA) is 75.93% on average.