Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Odyssey Marine Exploration, Inc (NASDAQ: OMEX) closed at $1.56 in the last session, down -2.50% from day before closing price of $1.6. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 4.16 million shares were traded. OMEX stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.4411.
Ratios:
We take a closer look at OMEX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 195.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMEX now has a Market Capitalization of 61049816 and an Enterprise Value of 4691269. For the stock, the TTM Price-to-Sale (P/S) ratio is 69.83. Its current Enterprise Value per Revenue stands at 6.696 whereas that against EBITDA is -0.497.
Stock Price History:
The Beta on a monthly basis for OMEX is -0.91, which has changed by -0.5968992 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, OMEX has reached a high of $5.25, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 18.61%, while the 200-Day Moving Average is calculated to be 104.24%.
Shares Statistics:
According to the various share statistics, OMEX traded on average about 2.44M shares per day over the past 3-months and 2392280 shares per day over the past 10 days. A total of 29.16M shares are outstanding, with a floating share count of 24.92M. Insiders hold about 20.47% of the company’s shares, while institutions hold 15.04% stake in the company. Shares short for OMEX as of 1753920000 were 3406100 with a Short Ratio of 1.40, compared to 1751241600 on 3240199. Therefore, it implies a Short% of Shares Outstanding of 3406100 and a Short% of Float of 9.75.
