In Thursday’s Wall Street session, Odyssey Marine Exploration, Inc (NASDAQ:OMEX) shares traded at $0.85, up 100.07% from the previous session.
OMEX stock price is now 97.29% away from the 50-day moving average and -40.78% away from the 200-day moving average. The market capitalization of the company currently stands at $24.85M.
In other news, Justh Mark B, Director bought 50,000 shares of the company’s stock on Dec 31 ’24. The stock was bought for $32,235 at an average price of $0.64. Upon completion of the transaction, the Director now directly owns 551,124 shares in the company, valued at $0.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 24 ’24, Director Justh Mark B bought 250,000 shares of the business’s stock. A total of $137,500 was incurred on buying the stock at an average price of $0.55. This leaves the insider owning 501,124 shares of the company worth $0.43 million. A total of 12.32% of the company’s stock is owned by insiders.
During the past 12 months, Odyssey Marine Exploration, Inc has had a low of $0.27 and a high of $5.57. The fifty day moving average price for OMEX is $0.43192 and a two-hundred day moving average price translates $1.43887 for the stock.
The latest earnings results from Odyssey Marine Exploration, Inc (NASDAQ: OMEX) was released for 2024-12-31. The company reported revenue of $0.14 million for the quarter, compared to $0.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.56 percent.
