The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Odyssey Marine Exploration, Inc shares valued at $32,235 were purchased by Justh Mark B on Dec 31 ’24. At $0.64 per share, Justh Mark B acquired 50,000 shares. The insider’s holdings grew to 551,124 shares worth approximately $0.37 million following the completion of this transaction.
Also, Justh Mark B purchased 250,000 shares, netting a total of over 137,500 in proceeds. Following the buying of shares at $0.55 each, the insider now holds 501,124 shares.
As published in a research note from Craig Hallum on April 13, 2016, Odyssey Marine Exploration, Inc [OMEX] has been rated down from a Buy to a Hold.
Analyzing OMEX Stock Performance
During the last five days, there has been a drop of approximately -7.08%. Over the course of the year, Odyssey Marine Exploration, Inc shares have dropped approximately -7.08%. Shares of the company reached a 52-week high of $0.8400 on 01/06/25 and a 52-week low of $0.5500 on 01/08/25. A 50-day SMA is recorded $0.4809, while a 200-day SMA reached $2.8112. Nevertheless, trading volume fell to 1.25 million shares from 0.77 million shares the previous day.
Support And Resistance Levels for Odyssey Marine Exploration, Inc (OMEX)
According to the 24-hour chart, there is a support level at 0.5729, which, if violated, would cause prices to drop to 0.4767. In the upper region, resistance lies at 0.7423. The next price resistance is at 0.8155. RSI (Relative Strength Index) is 59.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1428, which suggests the price will decrease in the coming days. Percent R is at 33.87%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
