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

StockNews.com started coverage on shares of Odyssey Marine Exploration (NASDAQ:OMEXGet Free Report) in a research note issued on Tuesday. The brokerage set a “hold” rating on the business services provider’s stock.

Odyssey Marine Exploration Price Performance

Shares of NASDAQ:OMEX opened at $0.38 on Tuesday. Odyssey Marine Exploration has a 12 month low of $0.30 and a 12 month high of $5.57. The company’s 50-day moving average price is $0.62 and its two-hundred day moving average price is $3.10.

Institutional Trading of Odyssey Marine Exploration

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

Odyssey Marine Exploration Company Profile

(Get Free Report)

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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