Odyssey Marine Exploration, Inc [NASDAQ: OMEX] jumped around 0.08 points on Thursday, while shares priced at $0.48 at the close of the session, up 18.73%.
Compared to the average trading volume of 1.95M shares, OMEX reached a trading volume of 15105029 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus 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 0.08, with the Price to Sales ratio for OMEX stock in the period of the last 12 months amounting to 13.05. Price to Free Cash Flow for OMEX in the course of the last twelve months was 80.28 with Quick ratio for the last quarter at 0.10.
How has OMEX stock performed recently?
Odyssey Marine Exploration, Inc [OMEX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.01. With this latest performance, OMEX shares gained by 27.28% in over the last four-week period, additionally sinking by -90.41% over the last 6 months – not to mention a drop of -88.53% 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 53.88, with the RSI for the last a single of trading hit 62.77, and the three-weeks RSI is set at 46.85 for Odyssey Marine Exploration, Inc [OMEX]. The present Moving Average for the last 50 days of trading for this stock 0.4615, while it was recorded at 0.3903 for the last single week of trading, and 2.9467 for the last 200 days.
Odyssey Marine Exploration, Inc [OMEX]: Deeper insight into the fundamentals
Odyssey Marine Exploration, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.10.
Insider trade positions for Odyssey Marine Exploration, Inc [OMEX]
There are presently around $38.23%, or 39.72%% 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%.
