StockNews.com initiated coverage on shares of Odyssey Marine Exploration (NASDAQ:OMEX – Free Report) in a report published on Thursday. The brokerage issued a sell rating on the business services provider’s stock.
Odyssey Marine Exploration Trading Down 5.4 %
Odyssey Marine Exploration stock opened at $0.35 on Thursday. The business’s 50-day simple moving average is $0.50 and its 200 day simple moving average is $2.75. Odyssey Marine Exploration has a 12-month low of $0.30 and a 12-month high of $5.57.
Institutional Trading of Odyssey Marine Exploration
A number of large investors have recently bought and sold shares of OMEX. Vanguard Group Inc. boosted its position in shares of Odyssey Marine Exploration by 39.1% during the first quarter. Vanguard Group Inc. now owns 836,505 shares of the business services provider’s stock worth $3,187,000 after buying an additional 235,334 shares during the period. Renaissance Technologies LLC acquired a new position in Odyssey Marine Exploration during the 2nd quarter worth approximately $372,000. Virtu Financial LLC acquired a new position in Odyssey Marine Exploration during the 3rd quarter worth approximately $32,000. Voisard Asset Management Group Inc. grew its stake in shares of Odyssey Marine Exploration by 800.0% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 36,000 shares of the business services provider’s stock worth $30,000 after acquiring an additional 32,000 shares in the last quarter. Finally, Cowen AND Company LLC raised its holdings in shares of Odyssey Marine Exploration by 20.0% in the second quarter. Cowen AND Company LLC now owns 36,000 shares of the business services provider’s stock valued at $176,000 after purchasing an additional 6,000 shares during the last quarter. 49.96% of the stock is owned by institutional investors.
About Odyssey Marine Exploration
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.
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