Alert: Major Price Advance (8/9/24)-Odyssey Marine Exploration Inc. (NASDAQ: OMEX).

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Odyssey Marine Exploration Inc. (NASDAQ: OMEX) stock enjoyed a major increase of 12.3% on 8/9/24. The shares closed at $3.65. However, trading volume in this advance was below average at 72% of normal. Relative to the market the stock has been strong over the last nine months but has declined -8.3% during the last week.

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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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