Odyssey Marine Exploration Inc. (NASDAQ: OMEX) stock suffered a major decline of -10.8% on 5/15/24. The shares closed at $3.79. Moreover, trading volume in this decline was unusually high at 189% of normal. The stock has performed in line with the market over the last nine months and has declined -2.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, OMEX is expected to be a major Value Eraser.
Odyssey Marine Exploration is currently unrated.
Rating Review
The stock is currently unrated.
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