Odyssey Marine Exploration Inc. (OMEX) Sees Large Volume Increase
Odyssey Marine Exploration Inc. (NASDAQ:OMEX) shares saw strong trading volume on Tuesday . 115,731 shares traded hands during mid-day trading, an increase of 33% from the previous session’s volume of 87,133 shares.The stock last traded at $3.20 and had previously closed at $2.96.
Separately, Craig Hallum lowered shares of Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $3.50 price target for the company. in a report on Wednesday, April 13th.
The company’s market capitalization is $33.10 million. The firm’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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