Odyssey Marine Exploration Inc. (NASDAQ:OMEX) shares were up 7.2% during mid-day trading on Thursday . The company traded as high as $3.29 and last traded at $3.13, with a volume of 210,880 shares traded. The stock had previously closed at $2.92.

Separately, Craig Hallum downgraded shares of Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a research report on Wednesday, April 13th.

The stock’s market cap is $22.89 million. The stock has a 50-day moving average price of $2.35 and a 200 day moving average price of $3.26.

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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