OMEX Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Odyssey Marine Exploration Inc (OMEX) is not a good buy for a beginner, long-term investor at this time. The company's financial performance is significantly deteriorating, with revenue, net income, and EPS showing substantial declines. Technical indicators do not suggest a strong upward trend, and there are no significant positive catalysts or analyst upgrades to support a bullish outlook. While hedge funds are buying, insider trading is neutral, and no recent congress trading data or influential figures' activity is available. The options data also does not indicate strong bullish sentiment.
The MACD is below 0 and negatively contracting, RSI is neutral at 32.66, and moving averages are converging, indicating no clear trend. The stock is trading near its support level (S1: 1.526), with resistance at R1: 1.985. Overall, the technical indicators do not suggest a strong buy signal.
Hedge funds are significantly increasing their positions, with a 4105.29% increase in buying over the last quarter.
The company's financial performance is deteriorating sharply, with revenue down 71.49% YoY, net income down 169.95% YoY, and EPS down 338.46% YoY. No recent news or significant events to drive positive sentiment.
In 2025/Q3, revenue dropped to $60,975 (-71.49% YoY), net income fell to -$13,072,746 (-169.95% YoY), and EPS declined to -0.31 (-338.46% YoY). Gross margin remained stable at 100%. Overall, the financials indicate severe underperformance.
No recent analyst ratings or price target changes available.
