Foundations Investment Advisors LLC Acquires New Position in Odyssey Marine Exploration, Inc. $OMEX

Foundations Investment Advisors LLC bought a new position in shares of Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) in the third quarter, Holdings Channel.com reports. The firm bought 277,750 shares of the business services provider’s stock, valued at approximately $542,000.

Separately, SLT Holdings LLC bought a new stake in shares of Odyssey Marine Exploration in the third quarter valued at approximately $542,000. Institutional investors own 49.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Odyssey Marine Exploration in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Odyssey Marine Exploration Price Performance

Shares of OMEX opened at $1.89 on Tuesday. Odyssey Marine Exploration, Inc. has a twelve month low of $0.27 and a twelve month high of $4.43. The stock has a market cap of $105.35 million, a PE ratio of -2.42 and a beta of -0.84. The business’s 50-day moving average price is $2.14 and its 200-day moving average price is $2.05.

Odyssey Marine Exploration (NASDAQ:OMEX) last issued its quarterly earnings data on Wednesday, November 12th. The business services provider reported ($0.31) EPS for the quarter. The company had revenue of $0.06 million for the quarter.

About Odyssey Marine Exploration

Odyssey Marine Exploration, Inc (NASDAQ: OMEX) is a marine technology and deep-ocean exploration company specializing in the location, recovery, and preservation of underwater cultural heritage. The company employs advanced remotely operated vehicles (ROVs) and proprietary seabed mapping systems to carry out high-precision surveys and recovery operations at depths exceeding 6,000 meters. Odyssey Marine’s mission centers on responsible stewardship of historic shipwrecks, valuable cargoes, and other submerged assets, combining maritime archaeology with commercially oriented salvage projects.

In addition to treasure recovery, Odyssey Marine offers a range of subsea services to support government, commercial, and scientific clients worldwide.