Zacks: Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) Receives Average Rating of “” from Brokerages

Shares of Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) have been assigned an average broker rating score of 0.00 () from the zero analysts that provide coverage for the stock, Zacks Investment Research reports.

Zacks has also assigned Odyssey Marine Exploration an industry rank of 193 out of 265 based on the ratings given to related companies.

Separately, ValuEngine downgraded shares of Odyssey Marine Exploration from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd.

An institutional investor recently raised its position in Odyssey Marine Exploration stock. ProVise Management Group LLC boosted its position in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) by 7.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,303 shares of the business services provider’s stock after buying an additional 2,100 shares during the period. ProVise Management Group LLC owned about 0.39% of Odyssey Marine Exploration worth $116,000 at the end of the most recent quarter. 7.79% of the stock is owned by institutional investors and hedge funds.

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Odyssey Marine Exploration (OMEX) traded up 0.50% during mid-day trading on Friday, reaching $4.04. 50,208 shares of the company’s stock traded hands. The firm’s market cap is $33.89 million. Odyssey Marine Exploration has a 1-year low of $2.98 and a 1-year high of $5.79. The firm has a 50 day moving average of $3.95 and a 200 day moving average of $3.94.

Odyssey Marine Exploration (NASDAQ:OMEX) last posted its quarterly earnings results on Thursday, May 11th. The business services provider reported ($0.28) earnings per share (EPS) for the quarter. The company had revenue of $0.65 million for the quarter. Analysts forecast that Odyssey Marine Exploration will post ($2.18) EPS for the current year.

Odyssey Marine Exploration Company Profile

Odyssey Marine Exploration, Inc (Odyssey) is a deep-ocean exploration company. The Company’s techniques are applied to mineral exploration, shipwreck cargo recovery, and other marine survey and exploration charter services. The Company is engaged in discovering shipwreck sites in the deep ocean and conducting archaeological excavations with remotely operated vehicles (ROVs).

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