Odyssey Marine Exploration, Inc (OMEX)’s Market Momentum: Closing Strong at 0.69, Down -8.78

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As of close of business last night, Odyssey Marine Exploration, Inc’s stock clocked out at $0.69, down -8.78% from its previous closing price of $0.75. In other words, the price has decreased by -$8.78 from its previous closing price. On the day, 0.76 million shares were traded. OMEX stock price reached its highest trading level at $0.7896 during the session, while it also had its lowest trading level at $0.68.

Ratios:

To gain a deeper understanding of OMEX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 115.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.10.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 20047192 and an Enterprise Value of -31289224. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.70. Its current Enterprise Value per Revenue stands at -41.11 whereas that against EBITDA is 2.519.

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 $0.30. The 50-Day Moving Average of the stock is 44.04%, while the 200-Day Moving Average is calculated to be -75.66%.

Shares Statistics:

It appears that OMEX traded 2.37M shares on average per day over the past three months and 3961240 shares per day over the past ten days. A total of 20.86M shares are outstanding, with a floating share count of 18.18M. Insiders hold about 16.34% of the company’s shares, while institutions hold 26.70% stake in the company. Shares short for OMEX as of 1730332800 were 1495590 with a Short Ratio of 1.01, compared to 1727654400 on 3590774. Therefore, it implies a Short% of Shares Outstanding of 1495590 and a Short% of Float of 9.62.

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