Deltec Asset Management LLC acquired a new position in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX – Free Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 28,045 shares of the business services provider’s stock, valued at approximately $107,000.
Separately, FourWorld Capital Management LLC lifted its stake in Odyssey Marine Exploration by 7.5% in the fourth quarter. FourWorld Capital Management LLC now owns 2,802,121 shares of the business services provider’s stock worth $13,030,000 after purchasing an additional 195,000 shares during the last quarter. Institutional investors own 49.96% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on shares of Odyssey Marine Exploration in a research note on Tuesday, May 21st. They set a “hold” rating for the company.
Odyssey Marine Exploration Stock Performance
Shares of Odyssey Marine Exploration stock traded down $0.13 on Friday, hitting $4.88. 160,386 shares of the company traded hands, compared to its average volume of 199,039. The stock’s 50 day moving average price is $4.43 and its 200-day moving average price is $4.31. Odyssey Marine Exploration, Inc. has a 52 week low of $2.85 and a 52 week high of $5.57.
Odyssey Marine Exploration (NASDAQ:OMEX – Get Free Report) last issued its quarterly earnings data on Monday, May 20th. The business services provider reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $0.20 million for the quarter.
Odyssey Marine Exploration Profile
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.
Further Reading
- Five stocks we like better than Odyssey Marine Exploration
- What Are Trending Stocks? Trending Stocks Explained
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- ESG Stocks, What Investors Should Know
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- How to Calculate Retirement Income: MarketBeat’s Calculator
- MarketBeat Week in Review – 6/24 – 6/28
Want to see what other hedge funds are holding OMEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Odyssey Marine Exploration, Inc. (NASDAQ:OMEX – Free Report).
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.