Shares of Odyssey Marine Exploration Inc (NASDAQ: OMEX), a company engaged in
archaeologically-sensitive exploration and recovery of deep-ocean shipwrecks
worldwide, recorded over a 10% gain during each of the past two consecutive
trading sessions with a significant number of shares exchanging hands. OMEX was the top performer in the U.S. consumer goods and services sector after climbing 19.0% and closed at $1.25 Monday, while recording significant trading volumes of 1.5 million shares. Recently, the company announced that it has received approval from UK Ministry of Defence (MOD) and Department for Culture Media & Sport (DCMS) to proceed with the archaeological investigation and recovery of at-risk artifacts from the HMS Victory (1744) wreck site in accordance with the project design. During the past 5-trading sessions, OMEX gained 33.0% with daily average trading volumes of 909,699 shares, while the stock accumulated 38.9% gain during the past one month with daily average trading volumes of 469,185 shares.
Company Description:
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) specializes in shipwreck search, recovery, and marketing. The Company focuses on deep ocean shipwrecks and conducts salvage operations, cargo recovery services, and archaeological artifact finds.
1-Year Stock Chart:
Source: Bloomberg
