Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) closed the day trading at $3.81 down -4.99% from the previous closing price of $4.01. In other words, the price has decreased by -$0.2000 from its previous closing price. On the day, 254072 shares were traded. OMEX stock price reached its highest trading level at $4.0650 during the session, while it also had its lowest trading level at $3.7600.
Ratios:
For a better understanding of OMEX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 and its Current Ratio is at 0.11.
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 Apr 06 ’23 when Abbott John sold 16,922 shares for $3.03 per share. The transaction valued at 51,274 led to the insider holds 0 shares of the business.
Abbott John sold 42,216 shares of OMEX for $128,759 on Apr 05 ’23. The Director now owns 16,922 shares after completing the transaction at $3.05 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 80.75M and an Enterprise Value of 120.07M. As of this moment, Odyssey’s Price-to-Earnings (P/E) ratio for their current fiscal year is 165.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 68.58. Its current Enterprise Value per Revenue stands at 108.55 whereas that against EBITDA is 14.91.
Stock Price History:
The Beta on a monthly basis for OMEX is 0.22, which has changed by 17.23% over the last 52 weeks, in comparison to a change of 27.86% over the same period for the S&P500. Over the past 52 weeks, OMEX has reached a high of $5.07, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 4.4067, while the 200-Day Moving Average is calculated to be 3.9324.
Shares Statistics:
Over the past 3-months, OMEX traded about 86.09K shares per day on average, while over the past 10 days, OMEX traded about 108.93k shares per day. A total of 19.54M shares are outstanding, with a floating share count of 19.08M. Insiders hold about 4.50% of the company’s shares, while institutions hold 40.33% stake in the company. Shares short for OMEX as of Mar 15, 2024 were 1.41M with a Short Ratio of 16.42, compared to 1.33M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.02% and a Short% of Float of 8.50%.
Earnings Estimates
Current recommendations for the stock of the company come from 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for OMEX’s current fiscal year. The highest revenue estimate was $1M, while the lowest revenue estimate was $1M, resulting in an average revenue estimate of $1M. In the same quarter a year ago, actual revenue was $1.33M, down -25.10% from the average estimate.
