Odyssey Marine Exploration, Inc. (OMEX) Director Mark B. Justh Purchases 21,500 Shares
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) Director Mark B. Justh bought 21,500 shares of the company’s stock in a transaction on Friday, November 10th. The stock was bought at an average cost of $3.84 per share, with a total value of $82,560.00. Following the completion of the acquisition, the director now owns 83,183 shares of the company’s stock, valued at approximately $319,422.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Odyssey Marine Exploration, Inc. (OMEX) traded up $0.28 during mid-day trading on Tuesday, hitting $3.77. 27,700 shares of the stock traded hands, compared to its average volume of 29,158. Odyssey Marine Exploration, Inc. has a twelve month low of $2.98 and a twelve month high of $5.79. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of -0.08.
Odyssey Marine Exploration (NASDAQ:OMEX) last released its quarterly earnings results on Wednesday, November 8th. The business services provider reported ($0.27) EPS for the quarter. The firm had revenue of $11.85 million for the quarter.
Separately, ValuEngine lowered shares of Odyssey Marine Exploration from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd.
A hedge fund recently raised its stake in Odyssey Marine Exploration stock. ProVise Management Group LLC grew its holdings in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) by 7.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,303 shares of the business services provider’s stock after purchasing an additional 2,100 shares during the quarter. ProVise Management Group LLC owned approximately 0.39% of Odyssey Marine Exploration worth $116,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 8.23% of the company’s stock.
About Odyssey Marine Exploration
Odyssey Marine Exploration, Inc (Odyssey) is a deep-ocean exploration company. The Company’s techniques are applied to mineral exploration, shipwreck cargo recovery, and other marine survey and exploration charter services. The Company is engaged in discovering shipwreck sites in the deep ocean and conducting archaeological excavations with remotely operated vehicles (ROVs).
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