Odyssey Marine Exploration (NASDAQ:OMEX) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Odyssey Marine Exploration (NASDAQ:OMEX) in a report published on Tuesday morning. The brokerage issued a hold rating on the business services provider’s stock.

Odyssey Marine Exploration Stock Performance

Shares of OMEX opened at $0.37 on Tuesday. Odyssey Marine Exploration has a one year low of $0.30 and a one year high of $5.57. The stock has a 50-day moving average of $0.62 and a 200-day moving average of $3.07.

Institutional Trading of Odyssey Marine Exploration

Several hedge funds have recently bought and sold shares of OMEX. Cowen AND Company LLC raised its holdings in Odyssey Marine Exploration by 20.0% during the second quarter. Cowen AND Company LLC now owns 36,000 shares of the business services provider’s stock worth $176,000 after buying an additional 6,000 shares during the last quarter. Voisard Asset Management Group Inc. lifted its position in Odyssey Marine Exploration by 800.0% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 36,000 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 32,000 shares in the last quarter. Virtu Financial LLC acquired a new position in Odyssey Marine Exploration during the 3rd quarter valued at about $32,000. ARS Wealth Advisors Group LLC increased its holdings in Odyssey Marine Exploration by 5.7% during the 2nd quarter. ARS Wealth Advisors Group LLC now owns 51,089 shares of the business services provider’s stock worth $249,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of Odyssey Marine Exploration in the second quarter worth approximately $372,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Odyssey Marine Exploration Company 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.