Brinker Capital Inc. decreased its position in shares of Odyssey Marine Exploration Inc (NASDAQ:OMEX) by 36.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,613,360 shares of the company’s stock after selling 2,616,398 shares during the period. Brinker Capital Inc. owned about 5.14% of Odyssey Marine Exploration worth $ 1,237,000 at the end of the most recent quarter.
Odyssey Marine Exploration Inc (NASDAQ:OMEX) traded down 3.09% on Friday, reaching $ 2.51. The company’s stock had a trading volume of 21,496 shares. The firm has a 50-day moving average of $ 4.30 and a 200 day moving average of $ 3.83. The company’s market capitalization is $ 18.93 million. Odyssey Marine Exploration Inc has a 12-month low of $ 1.80 and a 12-month high of $ 9.36.
Odyssey Marine Exploration (NASDAQ:OMEX) last released its quarterly earnings data on Wednesday, March 30th. The company reported $ 0.33 earnings per share for the quarter, beating the consensus estimate of ($ 0.72) by $ 1.05. On average, equities research analysts anticipate that Odyssey Marine Exploration Inc will post ($ 2.18) EPS for the current fiscal year.
Separately, Craig Hallum downgraded Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $ 3.50 price objective for the company. in a research note on Wednesday, April 13th.
Odyssey Marine Exploration, Inc is a deep-ocean exploration company. The Company is engaged in seafloor mineral exploration and in the search and recovery of deep-ocean shipwrecks across the world. The Company’s techniques are being applied to historic shipwreck projects, modern commodity shipwrecks and mineral exploration.
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