Odyssey Marine Exploration, Inc [NASDAQ: OMEX] closed the trading session at $0.42.
The stocks have a year to date performance of -41.33 percent and weekly performance of 40.80 percent. The stock has been moved at -31.62 percent over the last six months. The stock has performed -1.79 percent around the most recent 30 days and changed -38.73 percent over the most recent 3-months.
If compared to the average trading volume of 424.52K shares, OMEX reached to a volume of 686290 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 0.06, with the Price to Sales ratio for OMEX stock in the period of the last 12 months amounting to 16.00. Price to Free Cash Flow for OMEX in the course of the last twelve months was 28.01 with Quick ratio for the last quarter at 0.26.
OMEX stock trade performance evaluation
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 40.80. With this latest performance, OMEX shares dropped by -1.79% in over the last four-week period, additionally sinking by -31.62% over the last 6 months – not to mention a drop of -89.03% 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 55.74, with the RSI for the last a single of trading hit 62.18, and the three-weeks RSI is set at 51.46 for Odyssey Marine Exploration, Inc [OMEX]. The present Moving Average for the last 50 days of trading for this stock 0.4220, while it was recorded at 0.3637 for the last single week of trading, and 1.5597 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 0.26 and a Current Ratio set at 0.26.
Odyssey Marine Exploration, Inc [OMEX]: Institutional Ownership
There are presently around $20.58%, or 23.43%% 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 14.7929%. 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%.
