The price-to-earnings ratio for Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is above average at 35.88x. The 36-month beta value for OMEX is also noteworthy at 0.14. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for OMEX is 19.84M, and at present, short sellers hold a 7.56% of that float. The average trading volume of OMEX on September 23, 2024 was 6.14M shares.
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OMEX) stock’s latest price update
The stock price of Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) has dropped by -27.93 compared to previous close of 1.14. Despite this, the company has seen a fall of -83.59% in its stock price over the last five trading days. businesswire.com reported 2024-09-18 that TAMPA, Fla.–(BUSINESS WIRE)—- $OMEX–Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of critical minerals that provide solutions to global challenges, provides a company update. “The recent arbitration ruling and the 2018 Tribunal Federal de Justicia Administrativa (TFJA) ruling in our favor validate that our approach to responsible ocean mineral exploration is viable. We remain committed to the long-term success of ou.
OMEX’s Market Performance
Odyssey Marine Exploration, Inc. (OMEX) has seen a -83.59% fall in stock performance for the week, with a -79.47% decline in the past month and a -83.66% plunge in the past quarter. The volatility ratio for the week is 248.24%, and the volatility levels for the past 30 days are at 62.90% for OMEX. The simple moving average for the past 20 days is -77.75% for OMEX’s stock, with a -80.41% simple moving average for the past 200 days.
OMEX Trading at -79.60% 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 -85.19% of loss for the given period.
Volatility was left at 62.90%, however, over the last 30 days, the volatility rate increased by 248.24%, as shares sank -79.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -82.10% lower at present.
During the last 5 trading sessions, OMEX fell by -83.59%, which changed the moving average for the period of 200-days by -76.82% in comparison to the 20-day moving average, which settled at $3.5538. In addition, Odyssey Marine Exploration, Inc. saw -82.25% 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:
- -15.17 for the present operating margin
- -2.84 for the gross margin
The net margin for Odyssey Marine Exploration, Inc. stands at -4.68. The total capital return value is set at 1.0.
Based on Odyssey Marine Exploration, Inc. (OMEX), the company’s capital structure generated -2.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at -0.73. The interest coverage ratio of the stock is -3.16.
Currently, EBITDA for the company is -9.92 million with net debt to EBITDA at -1.63. When we switch over and look at the enterprise to sales, we see a ratio of 46.49. The receivables turnover for the company is 10.07for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.21.
Conclusion
In summary, Odyssey Marine Exploration, Inc. (OMEX) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
