Odyssey Marine Exploration, Inc. (NASDAQ:OMEX - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.76 and traded as high as $1.77. Odyssey Marine Exploration shares last traded at $1.70, with a volume of 3,925,014 shares traded.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen started coverage on shares of Odyssey Marine Exploration in a report on Tuesday, April 29th. They set a "sell" rating on the stock.
Get Our Latest Report on OMEX
Odyssey Marine Exploration Trading Down 5.0%
The firm's fifty day moving average price is $1.13 and its 200-day moving average price is $0.77.
Odyssey Marine Exploration (NASDAQ:OMEX - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The business services provider reported $0.01 earnings per share (EPS) for the quarter. Odyssey Marine Exploration had a net margin of 2,054.49% and a negative return on equity of 14.85%. The company had revenue of $0.14 million for the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Two Sigma Investments LP bought a new stake in Odyssey Marine Exploration in the fourth quarter valued at about $25,000. XTX Topco Ltd increased its stake in Odyssey Marine Exploration by 225.5% in the fourth quarter. XTX Topco Ltd now owns 41,778 shares of the business services provider's stock valued at $30,000 after acquiring an additional 28,943 shares during the period. Voisard Asset Management Group Inc. increased its stake in Odyssey Marine Exploration by 59.1% in the second quarter. Voisard Asset Management Group Inc. now owns 35,000 shares of the business services provider's stock valued at $41,000 after acquiring an additional 13,000 shares during the period. L. Roy Papp & Associates LLP bought a new stake in Odyssey Marine Exploration in the first quarter valued at about $61,000. Finally, Two Seas Capital LP increased its stake in Odyssey Marine Exploration by 2,449.0% in the fourth quarter. Two Seas Capital LP now owns 2,549,049 shares of the business services provider's stock valued at $1,835,000 after acquiring an additional 2,449,049 shares during the period. Institutional investors own 49.96% of the company's stock.
About Odyssey Marine Exploration
(
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Odyssey Marine Exploration, Inc, together with its subsidiaries, discovers, validates, and develops seafloor mineral resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc was founded in 1994 and is headquartered in Tampa, Florida.
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