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Odyssey Marine Exploration Inc. (OMEX)

Alert: Major Price Advance (12/21/23)-Odyssey Marine Exploration Inc. (NASDAQ: OMEX).

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Odyssey Marine Exploration Inc. (NASDAQ: OMEX) stock enjoyed a major increase of 13.1% on 12/21/23. The shares closed at $3.54. Moreover, this advance was accompanied by unusually high trading volume at 154% of normal. The stock has risen 6.6% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

OMEX is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Odyssey Marine Exploration is currently unrated.

Rating Review

The stock is currently unrated.