Odyssey Marine Exploration Inc. (OMEX) Trading Up 7.3%
Shares of Odyssey Marine Exploration Inc. (NASDAQ:OMEX) were up 7.3% during mid-day trading on Friday . The company traded as high as $4.18 and last traded at $3.95, with a volume of 202,318 shares changing hands. The stock had previously closed at $3.68.
Separately, Craig Hallum lowered Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a report on Wednesday, April 13th.
The firm has a 50-day moving average price of $2.58 and a 200-day moving average price of $3.29. The company’s market cap is $28.35 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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