Odyssey Marine Exploration, Inc’s recent filing unveils 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 $0.39 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 Friday, Odyssey Marine Exploration, Inc [NASDAQ:OMEX] saw its stock jump 6.69% to $0.70. Over the last five days, the stock has gained 4.68%. Odyssey Marine Exploration, Inc shares have fallen nearly -2.38% since the year began. Nevertheless, the stocks have fallen -85.08% 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 $0.4985, while 200 days put it at $2.7143.
Levels Of Support And Resistance For OMEX Stock
The 24-hour chart illustrates a support level at 0.6583, which if violated will result in even more drops to 0.6136. On the upside, there is a resistance level at 0.7413. A further resistance level may holdings at 0.7796. The Relative Strength Index (RSI) on the 14-day chart is 60.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0160, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.28%. Stochastics %K at 56.02% 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.
