How to Buy Odyssey Marine Exploration Stock
Odyssey Marine Exploration Inc
Odyssey Marine Exploration, Inc. , together with its subsidiaries, discovers, validates, and develops seafloor resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients.
Odyssey Marine Exploration stock last closed at $3.63, down 1.09% from the previous day, and has increased 18.24% in one year. It has underperformed other stocks in the Specialty Business Services industry by 0.02 percentage points. Odyssey Marine Exploration stock is currently +27.37% from its 52-week low of $2.85, and -28.4% from its 52-week high of $5.07.
At the moment, there are 19.98M OMEX shares outstanding. The market cap of OMEX is $72.53M. In the past 24 hours, 25,332 OMEX shares were traded.
How to Buy Odyssey Marine Exploration Stock
Wondering how to invest in Odyssey Marine Exploration stock? Here's how.
- Figure out where to buy Odyssey Marine Exploration stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Odyssey Marine Exploration stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your payment method and add your details.
- Research Odyssey Marine Exploration stock: The Odyssey Marine Exploration ticker symbol is OMEX. Is Odyssey Marine Exploration stock a good investment? Should you buy shares of OMEX? How do OMEX's underlying business fundamentals look? Do top analysts think Odyssey Marine Exploration is a good buy? Why has OMEX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if OMEX is a good stock to buy).
- Make your OMEX buy order: Decide if you will purchase OMEX shares at the current market price or use a limit order to buy OMEX stock at a specific price.
- Watch your investment in OMEX: Create a watchlist to the latest updates on your investment in Odyssey Marine Exploration stock.
Step 1: Figure out where to buy Odyssey Marine Exploration stock
You will need a brokerage account to access the NASDAQ market and buy OMEX stock.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you are able to buy OMEX today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on our top ranked stock market app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing money into your brokerage account.
Step 4: Research Odyssey Marine Exploration stock
After you have identified the best place to buy Odyssey Marine Exploration stock, it's absolutely critical to research their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Odyssey Marine Exploration Metrics
OMEX Overview
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on OMEX's stock page.
Is OMEX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge OMEX's fair value.
Using relative valuations ratios:
- OMEX could be overvalued based on its P/E ratio of 90.75x, relative to Specialty Business Services industry P/E ratio of 34.5x
You can do more valuation research on OMEX's stock here.
How do OMEX Financials look?
Positive Financial Indicators:
- OMEX profit margin has gone up from -1,488.2% to 58.7% in the past year.
Negative Financial Indicators:
- OMEX has cash burn of 15041625. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the OMEX balance sheet.
- OMEX debt to equity ratio of -4.86 is negative.
- There are more long-term liabilities than short-term assets on the OMEX balance sheet.
- OMEX has $2.52M in cash and short term investments. This is not enough to cover its annual cash burn of $15.04M.
- Total OMEX debt is still negative.
OMEX Trading Indicators
OMEX Performance Metrics
Last year, OMEX revenue was $1.11M. During the past five year, OMEX's revenue has increased by -7.08% per year. This was slower than the Specialty Business Services industry average of 10.57%.
Dig into OMEX's earnings and revenue performance here.
What are OMEX executives and large shareholders up to?
In the past 12 months, executives and large shareholders at OMEX have sold more shares than they have bought.
Mark Gordon, Chief Executive Officer of OMEX, was the latest OMEX insider to sell. They sold $103,399.55 worth of OMEX shares on Dec 20, 2023.
Get more info about who owns OMEX stock here.
Can I get consistent income from OMEX stock?
No, Odyssey Marine Exploration doesn't provide an income stream by paying out dividends.
What others are saying about OMEX
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your OMEX buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Press the Open button and eToro will execute the order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in OMEX
Now that you own some OMEX shares, you'll want to stay up-to-date on your company.
Make a watchlist to monitor your OMEX stock.
OMEX Feed
How to Buy Stock in Odyssey Marine Exploration
To reiterate, here are the 6 steps you need to take to buy Odyssey Marine Exploration stock right now:
- Figure out where to buy Odyssey Marine Exploration stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Odyssey Marine Exploration stock
- Make your OMEX buy order
- Watch your investment in OMEX
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Odyssey Marine Exploration, click the button below.
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