Odyssey Marine Exploration, Inc (NASDAQ:OMEX) does about 18.03M shares in volume on a normal day but saw 1225583 shares change hands in the recent trading day. The company now has a market cap of 34.78M USD. Its current market price is $1.11, marking a decrease of -5.93% compared to the previous close of $1.18. The 52 week high reached by this stock is $5.46 whilst the lowest price level in 52 weeks is $0.27.
Odyssey Marine Exploration, Inc (OMEX) has a 20-day trading average at $1.1272 and the current price is -79.67% off the 52-week high compared with 310.96% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0488 and its 200-day simple moving average is $0.7234. If we look at the stock’s price movements over the week, volatility stands at 11.93%, which increases to 14.82% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.25 to suggest the stock is neutral.
The consensus objective for the share price is $7.50, suggesting that the stock has a potential upside of 85.2% over the period.
The current price level is -1.53%, 5.84%, and 53.46% away from its SMA20, SMA50, and SMA200 respectively, with the OMEX price moving below the 50-day SMA on current market day. Odyssey Marine Exploration, Inc (OMEX) stock is down -11.20% over the week and 42.00% over the past month. Its price is -77.84% year-to-date and 54.17% over the past year.
To reach the target analysts have set, the stock logically needs to grow 85.2 percent from here.
Outstanding shares total 29.16M with insiders holding 11.43% of the shares and institutional holders owning 17.77% of the company’s common stock. The beta has a value of -0.73. Price to sales ratio is 49.69.
