Odyssey Marine Exploration, Inc. [OMEX] is -79.57% lower this YTD. Is it still time to buy?

Odyssey Marine Exploration, Inc. [NASDAQ: OMEX] closed the trading session at $0.95.

The stocks have a year to date performance of -79.57 percent and weekly performance of -79.70 percent. The stock has been moved at -76.83 percent over the last six months. The stock has performed -75.83 percent around the most recent 30 days and changed -81.00 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 6.31M shares, OMEX reached to a volume of 29652897 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Odyssey Marine Exploration, Inc. [OMEX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OMEX shares is $7.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OMEX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Craig Hallum have made an estimate for Odyssey Marine Exploration, Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 13, 2016.

The Average True Range (ATR) for Odyssey Marine Exploration, Inc. is set at 0.61, with the Price to Sales ratio for OMEX stock in the period of the last 12 months amounting to 17.62.

OMEX stock trade performance evaluation

Odyssey Marine Exploration, Inc. [OMEX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -79.70. With this latest performance, OMEX shares dropped by -75.83% in over the last four-week period, additionally sinking by -76.83% over the last 6 months – not to mention a drop of -73.20% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OMEX stock in for the last two-week period is set at 29.67, with the RSI for the last a single of trading hit 28.00, and the three-weeks RSI is set at 31.24 for Odyssey Marine Exploration, Inc. [OMEX]. The present Moving Average for the last 50 days of trading for this stock 3.8930, while it was recorded at 0.9633 for the last single week of trading, and 4.1873 for the last 200 days.

Odyssey Marine Exploration, Inc. [OMEX]: An insightful look at the core fundamentals

Odyssey Marine Exploration, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.21 and a Current Ratio set at 0.21.

Odyssey Marine Exploration, Inc. [OMEX]: Institutional Ownership

There are presently around $46.04%, or 47.80%% of OMEX stock, in the hands of institutional investors. The top three institutional holders of OMEX stocks are: FOURWORLD CAPITAL MANAGEMENT LLC with ownership of 3.03 million shares, which is approximately 14.8328%. TWO SEAS CAPITAL LP, holding 1.15 million shares of the stock with an approximate value of $$5.62 million in OMEX stocks shares; and TWO SEAS CAPITAL LP, currently with $$4.17 million in OMEX stock with ownership which is approximately 4.1877%.