Odyssey Marine Exploration, Inc. (OMEX) Director Buys $82,560.00 in Stock
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) Director Mark B. Justh acquired 21,500 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were acquired at an average cost of $3.84 per share, with a total value of $82,560.00. Following the purchase, the director now directly owns 83,183 shares of the company’s stock, valued at approximately $319,422.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) opened at $3.86 on Friday. Odyssey Marine Exploration, Inc. has a twelve month low of $2.98 and a twelve month high of $5.79. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of -0.08.
Odyssey Marine Exploration (NASDAQ:OMEX) last posted its earnings results on Wednesday, November 8th. The business services provider reported ($0.27) earnings per share for the quarter. The business had revenue of $11.85 million during the quarter.
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Separately, ValuEngine lowered Odyssey Marine Exploration from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd.
An institutional investor recently raised its position in Odyssey Marine Exploration stock. ProVise Management Group LLC lifted its stake in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) by 7.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,303 shares of the business services provider’s stock after purchasing an additional 2,100 shares during the period. ProVise Management Group LLC owned 0.39% of Odyssey Marine Exploration worth $116,000 at the end of the most recent reporting period. 8.23% of the stock is owned by institutional investors and hedge funds.
Odyssey Marine Exploration Company Profile
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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