Odyssey Marine Exploration, Inc’s filing revealed that its Director Justh Mark B acquired Company’s shares for reported $32235.0 on Dec 31 ’24. In the deal valued at $0.64 per share,50,000 shares were bought. As a result of this transaction, Justh Mark B now holds 551,124 shares worth roughly $0.38 million.
Then, Justh Mark B bought 250,000 shares, generating $137,500 in total proceeds. Upon buying the shares at $0.55, the Director now owns 501,124 shares.
Craig Hallum downgraded its Odyssey Marine Exploration, Inc [OMEX] rating to a Hold from a a Buy in a research note published recently.
Price Performance Review of OMEX
On Tuesday, Odyssey Marine Exploration, Inc [NASDAQ:OMEX] saw its stock jump 2.88% to $0.69. Over the last five days, the stock has lost -8.66%. Odyssey Marine Exploration, Inc shares have fallen nearly -4.25% since the year began. Nevertheless, the stocks have fallen -85.17% over the past one year. While a 52-week high of $5.57 was reached on 01/06/25, a 52-week low of $0.30 was recorded on 01/08/25. SMA at 50 days reached $0.4894, while 200 days put it at $2.7617.
Levels Of Support And Resistance For OMEX Stock
The 24-hour chart illustrates a support level at 0.6375, which if violated will result in even more drops to 0.5856. On the upside, there is a resistance level at 0.7256. A further resistance level may holdings at 0.7618. The Relative Strength Index (RSI) on the 14-day chart is 61.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0482, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.19%. Stochastics %K at 67.60% indicates the stock is a holding.
How much short interest is there in Odyssey Marine Exploration, Inc?
A steep rise in short interest was recorded in Odyssey Marine Exploration, Inc stocks on 2024-10-31, dropping by -2.1 million shares to a total of 1.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.59 million shares. There was a decline of -140.09%, which implies that there is a negative sentiment for the stock.
