Odyssey Marine Exploration Inc. (OMEX) Stock Price Down 15.3%
Shares of Odyssey Marine Exploration Inc. (NASDAQ:OMEX) were down 15.3% during trading on Wednesday . The stock traded as low as $3.56 and last traded at $3.72, with a volume of 1,196,396 shares trading hands. The stock had previously closed at $4.39.
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 company’s market cap is $28.66 million. The stock’s 50 day moving average price is $2.48 and its 200 day moving average price is $3.28.
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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