In a filing, Odyssey Marine Exploration, Inc revealed 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 $0.24 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 fall -8.29% to $0.44. Over the last five days, the stock has lost -8.39%. Odyssey Marine Exploration, Inc shares have fallen nearly -38.86% since the year began. Nevertheless, the stocks have fallen -90.73% 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 02/24/25. SMA at 50 days reached $0.5334, while 200 days put it at $2.3245.
Levels Of Support And Resistance For OMEX Stock
The 24-hour chart illustrates a support level at 0.4199, which if violated will result in even more drops to 0.3995. On the upside, there is a resistance level at 0.4717. A further resistance level may holdings at 0.5031. The Relative Strength Index (RSI) on the 14-day chart is 38.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0149, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.93%. Stochastics %K at 26.23% indicates the stock is a holding.
