Odyssey Marine Exploration, Inc (OMEX) plunged -10.08 in the last month: It’s impossible to believe the numbers

On Friday, Odyssey Marine Exploration, Inc (NASDAQ: OMEX) opened lower -10.08% from the last session, before settling in for the closing price of $1.24. Price fluctuations for OMEX have ranged from $0.27 to $5.56 over the past 52 weeks.

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Annual sales at Basic Materials sector company slipped by -24.21% over the past five years. With a float of $27.48 million, this company’s outstanding shares have now reached $29.16 million.

Let’s look at the performance matrix of the company that is accounted for 11 employees. In terms of profitability, gross margin is -298.38%, operating margin of -1357.87%, and the pretax margin is 700.89%.

Odyssey Marine Exploration, Inc (OMEX) Insider Updates

A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of Odyssey Marine Exploration, Inc is 12.32%, while institutional ownership is 14.25%. 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) Performance Highlights and Predictions

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

Check out the current performance indicators for Odyssey Marine Exploration, Inc (OMEX). In the past quarter, the stock posted a quick ratio of 0.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 49.91. Likewise, its price to free cash flow for the trailing twelve months is 139.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10

Technical Analysis of Odyssey Marine Exploration, Inc (OMEX)

Odyssey Marine Exploration, Inc (NASDAQ: OMEX) saw its 5-day average volume 2.75 million, a negative change from its year-to-date volume of 10.01 million. As of the previous 9 days, the stock’s Stochastic %D was 74.34%. Additionally, its Average True Range was 0.15.

During the past 100 days, Odyssey Marine Exploration, Inc’s (OMEX) raw stochastic average was set at 46.43%, which indicates a significant decrease from 62.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 130.64% in the past 14 days, which was lower than the 200.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8661, while its 200-day Moving Average is $0.8782. Nevertheless, the first resistance level for the watch stands at $1.1967 in the near term. At $1.2783, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3217. If the price goes on to break the first support level at $1.0717, it is likely to go to the next support level at $1.0283. Assuming the price breaks the second support level, the third support level stands at $0.9467.

Odyssey Marine Exploration, Inc (NASDAQ: OMEX) Key Stats

There are currently 31,336K shares outstanding in the company with a market cap of 34.94 million. Presently, the company’s annual sales total 770 K according to its annual income of 15,660 K. Last quarter, the company’s sales amounted to 140 K and its income totaled 2,240 K.

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