Odyssey Marine Exploration, Inc (NASDAQ: OMEX) on Friday, plunged -12.30% from the previous trading day, before settling in for the closing price of $0.38. Within the past 52 weeks, OMEX’s price has moved between $0.30 and $5.57.
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A company in the Basic Materials sector has dropped its sales by -17.55% annually for the last half of the decade. With a float of $25.61 million, this company’s outstanding shares have now reached $28.83 million.
In an organization with 11 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -303.87%, operating margin of -1561.76%, and the pretax margin is 812.71%.
Odyssey Marine Exploration, Inc (OMEX) Insider and Institutional Ownership
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Odyssey Marine Exploration, Inc is 12.19%, while institutional ownership is 15.32%. The most recent insider transaction that took place on Dec 31 ’24, was worth 32,235. In this transaction Director of this company bought 50,000 shares at a rate of $0.64, taking the stock ownership to the 551,124 shares. Before that another transaction happened on Dec 24 ’24, when Company’s Director bought 250,000 for $0.55, making the entire transaction worth $137,500. This insider now owns 501,124 shares in total.
Odyssey Marine Exploration, Inc (OMEX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Odyssey Marine Exploration, Inc (NASDAQ: OMEX) Trading Performance Indicators
Odyssey Marine Exploration, Inc (OMEX) is currently performing well based on its current performance indicators. A quick ratio of 0.26 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.49. Likewise, its price to free cash flow for the trailing twelve months is 21.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30
Technical Analysis of Odyssey Marine Exploration, Inc (OMEX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.94 million. That was better than the volume of 0.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.27%. Additionally, its Average True Range was 0.05.
During the past 100 days, Odyssey Marine Exploration, Inc’s (OMEX) raw stochastic average was set at 4.85%, which indicates a significant decrease from 8.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.57% in the past 14 days, which was lower than the 159.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4513, while its 200-day Moving Average is $1.7233. However, in the short run, Odyssey Marine Exploration, Inc’s stock first resistance to watch stands at $0.3846. Second resistance stands at $0.4391. The third major resistance level sits at $0.4788. If the price goes on to break the first support level at $0.2904, it is likely to go to the next support level at $0.2507. The third support level lies at $0.1962 if the price breaches the second support level.
Odyssey Marine Exploration, Inc (NASDAQ: OMEX) Key Stats
Market capitalization of the company is 9.62 million based on 21,730K outstanding shares. Right now, sales total 800 K and income totals 5,350 K. The company made 210 K in profit during its latest quarter, and 18,690 K in sales during its previous quarter.
