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 $0.18 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 -12.30% to $0.33. Over the last five days, the stock has lost -19.67%. Odyssey Marine Exploration, Inc shares have fallen nearly -54.17% since the year began. Nevertheless, the stocks have fallen -91.62% 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 04/04/25. SMA at 50 days reached $0.4513, while 200 days put it at $1.7233.
Levels Of Support And Resistance For OMEX Stock
The 24-hour chart illustrates a support level at 0.2904, which if violated will result in even more drops to 0.2507. On the upside, there is a resistance level at 0.3846. A further resistance level may holdings at 0.4391. The Relative Strength Index (RSI) on the 14-day chart is 28.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0457, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.01%. Stochastics %K at 9.27% indicates the stock is a buying.
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 2025-03-14, dropping by 70483.0 shares to a total of 1.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.67 million shares. There was a decline of -4.4%, which implies that there is a negative sentiment for the stock.
