Alert: Major Price Advance (5/28/24)-Odyssey Marine Exploration Inc. (NASDAQ: OMEX).

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On 5/28/24, Odyssey Marine Exploration Inc. (NASDAQ: OMEX) stock enjoyed a major increase of 15.6%, closing at $4.67. Moreover, exceptionally high trading volume at 633% of normal accompanied the advance. The stock has risen 16.2% during the last week and has performed in line with the market over the last nine months.

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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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