The price-to-earnings ratio for Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is above average at 157.83x, Company’s 36-month beta value is 0.25.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OMEX is 19.07M, and currently, short sellers hold a 7.38% ratio of that floaft. The average trading volume of OMEX on April 24, 2024 was 69.61K shares.
OMEX) stock’s latest price update
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX)’s stock price has dropped by -6.20 in relation to previous closing price of 3.87. Nevertheless, the company has seen a loss of -3.20% in its stock price over the last five trading days. Seeking Alpha reported 2022-06-09 that Odyssey Marine is involved in a long-lasting litigation saga with Mexico. Though the case for OMEX looks compelling, the market clearly disagrees with this.
OMEX’s Market Performance
Odyssey Marine Exploration, Inc. (OMEX) has experienced a -3.20% fall in stock performance for the past week, with a -11.46% drop in the past month, and a -22.27% drop in the past quarter. The volatility ratio for the week is 7.65%, and the volatility levels for the past 30 days are at 5.19% for OMEX. The simple moving average for the past 20 days is -6.65% for OMEX’s stock, with a -8.13% simple moving average for the past 200 days.
OMEX Trading at -13.33% from the 50-Day Moving Average
After a stumble in the market that brought OMEX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.40% of loss for the given period.
Volatility was left at 5.19%, however, over the last 30 days, the volatility rate increased by 7.65%, as shares sank -10.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.50% lower at present.
During the last 5 trading sessions, OMEX fell by -3.20%, which changed the moving average for the period of 200-days by -8.56% in comparison to the 20-day moving average, which settled at $3.87. In addition, Odyssey Marine Exploration, Inc. saw -21.94% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OMEX
Current profitability levels for the company are sitting at:
- -13.43 for the present operating margin
- -5.72 for the gross margin
The net margin for Odyssey Marine Exploration, Inc. stands at 8.16. The total capital return value is set at 0.38.
Based on Odyssey Marine Exploration, Inc. (OMEX), the company’s capital structure generated 1.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.26. The debt to equity ratio resting at -2.53. The interest coverage ratio of the stock is -0.85.
Currently, EBITDA for the company is -16.86 million with net debt to EBITDA at -4.02. When we switch over and look at the enterprise to sales, we see a ratio of 149.59. The receivables turnover for the company is 0.44for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
In a nutshell, Odyssey Marine Exploration, Inc. (OMEX) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
