Odyssey Marine Exploration Inc (OMEX) Stock Price Down 5.9%

Posted on Apr 23, 2016


Odyssey Marine Exploration Inc (NASDAQ:OMEX) shares traded down 5.9% on Thursday , Marketbeat reports. The stock traded as low as $ 2.88 and last traded at $ 2.88, with a volume of 133,315 shares traded. The stock had previously closed at $ 3.06.

Separately, Craig Hallum downgraded shares of Odyssey Marine Exploration from a “buy” rating to a “hold” rating and set a $ 3.50 target price on the stock. in a research report on Wednesday, April 13th.

The firm has a 50-day moving average of $ 5.32 and a 200-day moving average of $ 4.12. The stock’s market cap is $ 21.24 million.

Odyssey Marine Exploration (NASDAQ:OMEX) last released its quarterly earnings data on Wednesday, March 30th. The company reported $ 0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($ 0.72) by $ 1.05. On average, analysts predict that Odyssey Marine Exploration Inc will post ($ 2.18) EPS for the current year.

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.

12 Month Chart for NASDAQ:OMEX

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