Odyssey Marine Exploration Inc. (OMEX) Shares Up 7.3%
Odyssey Marine Exploration Inc. (NASDAQ:OMEX) shot 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 traded. The stock had previously closed at $3.68.
Separately, Craig Hallum cut Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a research report on Wednesday, April 13th.
The stock has a 50 day moving average price of $2.63 and a 200 day moving average price of $3.29. The company’s market capitalization 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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