Odyssey Marine Exploration Inc. (OMEX) Trading Up 5.2%
Shares of Odyssey Marine Exploration Inc. (NASDAQ:OMEX) were up 5.2% during mid-day trading on Wednesday . The stock traded as high as $3.35 and last traded at $3.02, with a volume of 316,636 shares changing hands. The stock had previously closed at $2.87.
Separately, Craig Hallum downgraded shares of Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a research report on Wednesday, April 13th.
The company’s 50-day moving average is $2.31 and its 200-day moving average is $3.26. The firm’s market capitalization is $22.02 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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