Odyssey Marine Exploration, Inc [OMEX] is -69.82% lower this YTD. Is it still time to buy?

Odyssey Marine Exploration, Inc [NASDAQ: OMEX] price surged by 15.13 percent to reach at $0.18.

A sum of 8154864 shares traded at recent session while its average daily volume was at 18.35M shares. Odyssey Marine Exploration, Inc shares reached a high of $1.54 and dropped to a low of $1.26 until finishing in the latest session at $1.37.

The one-year OMEX stock forecast points to a potential upside of 81.73. The average equity rating for OMEX stock is currently 1.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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.

Price to Free Cash Flow for OMEX in the course of the last twelve months was 171.72 with Quick ratio for the last quarter at 0.13.

OMEX Stock Performance Analysis:

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 15.13. With this latest performance, OMEX shares gained by 26.85% in over the last four-week period, additionally plugging by 81.51% over the last 6 months – not to mention a rise of 90.28% in the past year of trading.

Insight into Odyssey Marine Exploration, Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Odyssey Marine Exploration, Inc [OMEX] shares currently have an operating margin of -1380.24% and a Gross Margin at -456.39%. Odyssey Marine Exploration, Inc’s Net Margin is presently recorded at 2055.55%.

Return on Equity for this stock inclined to 79.00%, with Return on Assets sitting at 79.00%.

Odyssey Marine Exploration, Inc [OMEX] Institutonal Ownership Details

There are presently around $17.77%, or 20.06% 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 4.1764%.

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