The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.84 in the prior trading day, Odyssey Marine Exploration, Inc (NASDAQ: OMEX) closed at $0.78, down -6.66%. In other words, the price has decreased by -$6.66 from its previous closing price. On the day, 1.01 million shares were traded.
Ratios:
Our goal is to gain a better understanding of OMEX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 97.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 31 ’24 when Justh Mark B bought 50,000 shares for $0.64 per share. The transaction valued at 32,235 led to the insider holds 551,124 shares of the business.
Justh Mark B bought 250,000 shares of OMEX for $137,500 on Dec 24 ’24. The Director now owns 501,124 shares after completing the transaction at $0.55 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 34.99.
Stock Price History:
Over the past 52 weeks, OMEX has reached a high of $5.57, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 3.57%, while the 200-Day Moving Average is calculated to be -23.88%.
Shares Statistics:
A total of 29.16M shares are outstanding, with a floating share count of 27.48M. Insiders hold about 12.32% of the company’s shares, while institutions hold 14.25% stake in the company.
