StockNews.com initiated coverage on shares of Odyssey Marine Exploration (NASDAQ:OMEX – Free Report) in a research note issued to investors on Tuesday. The brokerage issued a hold rating on the business services provider’s stock.
Odyssey Marine Exploration Stock Up 22.8 %
Shares of OMEX stock opened at $0.46 on Tuesday. Odyssey Marine Exploration has a 1 year low of $0.30 and a 1 year high of $5.57. The firm’s fifty day simple moving average is $0.57 and its 200 day simple moving average is $3.01.
Institutional Investors Weigh In On Odyssey Marine Exploration
Several institutional investors and hedge funds have recently bought and sold shares of OMEX. Vanguard Group Inc. increased its holdings in Odyssey Marine Exploration by 39.1% in the 1st quarter. Vanguard Group Inc. now owns 836,505 shares of the business services provider’s stock valued at $3,187,000 after buying an additional 235,334 shares during the period. Renaissance Technologies LLC bought a new stake in Odyssey Marine Exploration in the 2nd quarter valued at $372,000. Virtu Financial LLC bought a new stake in Odyssey Marine Exploration in the 3rd quarter valued at $32,000. Voisard Asset Management Group Inc. increased its holdings 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 buying an additional 32,000 shares during the period. Finally, Cowen AND Company LLC increased its holdings in Odyssey Marine Exploration by 20.0% in the 2nd quarter. Cowen AND Company LLC now owns 36,000 shares of the business services provider’s stock valued at $176,000 after buying an additional 6,000 shares during the period. Institutional investors 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.
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