Shares of Odyssey Marine Exploration Inc (NASDAQ:OMEX) fell 16.6% during mid-day trading on Tuesday , AnalystRatings.Net reports. The company traded as low as $ 2.39 and last traded at $ 2.56, with a volume of 67,147 shares trading hands. The stock had previously closed at $ 3.07.
The company’s market cap is $ 18.03 million. The stock’s 50 day moving average price is $ 2.80 and its 200 day moving average price is $ 3.86.
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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