Odyssey Marine Exploration (NASDAQ:OMEX) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Odyssey Marine Exploration (NASDAQ:OMEXGet Free Report) in a research note issued on Tuesday. The firm set a “sell” rating on the business services provider’s stock.

Odyssey Marine Exploration Stock Performance

Shares of OMEX opened at $1.36 on Tuesday. Odyssey Marine Exploration has a one year low of $0.27 and a one year high of $5.57. The stock has a 50-day moving average of $0.50 and a 200-day moving average of $0.51.

Institutional Investors Weigh In On Odyssey Marine Exploration

Several hedge funds and other institutional investors have recently modified their holdings of OMEX. Two Sigma Investments LP bought a new position in shares of Odyssey Marine Exploration in the 4th quarter worth $25,000. XTX Topco Ltd raised its holdings in Odyssey Marine Exploration by 225.5% during the fourth quarter. XTX Topco Ltd now owns 41,778 shares of the business services provider’s stock worth $30,000 after buying an additional 28,943 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Odyssey Marine Exploration in the third quarter valued at $32,000. L. Roy Papp & Associates LLP acquired a new position in shares of Odyssey Marine Exploration during the first quarter valued at about $61,000. Finally, Two Seas Capital LP increased its position in shares of Odyssey Marine Exploration by 2,449.0% during the fourth quarter. Two Seas Capital LP now owns 2,549,049 shares of the business services provider’s stock worth $1,835,000 after acquiring an additional 2,449,049 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

About Odyssey Marine Exploration

(Get Free Report)

Odyssey Marine Exploration, Inc, together with its subsidiaries, discovers, validates, and develops seafloor mineral resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc was founded in 1994 and is headquartered in Tampa, Florida.

See Also

Receive News & Ratings for Odyssey Marine Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Odyssey Marine Exploration and related companies with MarketBeat.com's FREE daily email newsletter.