Odyssey Marine Exploration, Inc (NASDAQ:OMEX) price closed lower on current market day and dropping -4.63% below its previous close.
A look at the daily price movement shows that the last close reads $1.08. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.57 and 52-week low of $0.27. The stock subtracted -13.45% on its value in the past month.
Odyssey Marine Exploration, Inc, which has a market valuation of $32.27 million, is expected to release its quarterly earnings report in July.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that OMEX’s price is at present 12.33% off the SMA20 and 25.41% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 56.56, with weekly volatility standing at 10.24%. The indicator jumps to 7.24% when calculated based on the past 30 days. Odyssey Marine Exploration, Inc (NASDAQ:OMEX)’s beta value is holding at -0.91, while the average true range (ATR) indicator is currently reading 0.13.
An analysis of the Odyssey Marine Exploration, Inc (NASDAQ:OMEX) stock in terms of its daily trading volume indicates that the 3-month average is 16.98 million.
Current records show that the company has 29.16M in outstanding shares. The insiders’ percentage holdings are 12.32% of outstanding shares while the percentage share held by institutions stands at 14.25%. But the 43.06% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
