Odyssey Marine Exploration, Inc [NASDAQ: OMEX] gained 21.68% on the last trading session, reaching $1.74 price per share at the time.
Odyssey Marine Exploration, Inc represents 29.16 million in outstanding shares, while the company has a total market value of $54.52 million with the latest information. OMEX stock price has been found in the range of $1.3815 to $1.75.
If compared to the average trading volume of 18.52M shares, OMEX reached a trading volume of 9127702 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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.
Price to Free Cash Flow for OMEX in the course of the last twelve months was 218.10 with Quick ratio for the last quarter at 0.13.
Trading performance analysis for OMEX stock
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 42.62. With this latest performance, OMEX shares gained by 40.32% in over the last four-week period, additionally plugging by 159.12% over the last 6 months – not to mention a rise of 141.67% 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 70.86, with the RSI for the last a single of trading hit 0.1818, and the three-weeks RSI is set at 0.1638 for Odyssey Marine Exploration, Inc [OMEX]. The present Moving Average for the last 50 days of trading for this stock 1.1043, while it was recorded at 1.4020 for the last single week of trading, and 0.6800 for the last 200 days.
Odyssey Marine Exploration, Inc [OMEX]: A deeper dive into fundamental analysis
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%.
An analysis of Institutional ownership at Odyssey Marine Exploration, Inc [OMEX]
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%.
