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

StockNews.com assumed coverage on shares of Odyssey Marine Exploration (NASDAQ:OMEX) in a report published on Sunday morning. The firm issued a sell rating on the business services provider’s stock.

Odyssey Marine Exploration Trading Up 6.5 %

Shares of Odyssey Marine Exploration stock opened at $0.42 on Friday. Odyssey Marine Exploration has a 1 year low of $0.27 and a 1 year high of $5.57. The firm’s 50-day moving average is $0.41 and its two-hundred day moving average is $0.50.

Institutional Trading of Odyssey Marine Exploration

Hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in shares of Odyssey Marine Exploration in the 3rd quarter worth $32,000. Two Sigma Investments LP purchased a new position in Odyssey Marine Exploration in the fourth quarter valued at about $25,000. L. Roy Papp & Associates LLP bought a new position in Odyssey Marine Exploration in the first quarter worth about $61,000. Two Seas Capital LP lifted its position in shares of Odyssey Marine Exploration by 2,449.0% during the fourth quarter. Two Seas Capital LP now owns 2,549,049 shares of the business services provider’s stock valued at $1,835,000 after buying an additional 2,449,049 shares during the last quarter. Finally, XTX Topco Ltd boosted its holdings in shares of Odyssey Marine Exploration by 225.5% in the 4th quarter. XTX Topco Ltd now owns 41,778 shares of the business services provider’s stock valued at $30,000 after buying an additional 28,943 shares in the last quarter. Hedge funds and other 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.