Odyssey Marine Exploration Inc. (OMEX) Sees Strong Trading Volume
Odyssey Marine Exploration Inc. (NASDAQ:OMEX) shares saw unusually-strong trading volume on Friday . Approximately 129,794 shares were traded during trading, an increase of 146% from the previous session’s volume of 52,824 shares.The stock last traded at $3.02 and had previously closed at $2.69.
Separately, Craig Hallum downgraded shares of Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $3.50 price target for the company. in a report on Wednesday, April 13th.
The firm’s 50 day moving average is $2.26 and its 200-day moving average is $3.27. The company’s market capitalization is $23.00 million.
Odyssey Marine Exploration, Inc (Odyssey) is a deep-ocean exploration company. The Company’s techniques are applied to mineral exploration, shipwreck cargo recovery, and other marine survey and exploration charter services. The Company is engaged in discovering shipwreck sites in the deep ocean and conducting archaeological excavations with remotely operated vehicles (ROVs).
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