Pre-earnings options volume in Ocean Power is normal with calls leading puts 14:1. Implied volatility suggests the market is anticipating a move near 17.8%, or 7c, after results are released. Median move over the past eight quarters is 2.2%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPTT:
- Ocean Power Technologies Signs Agreement with AltaSea to Advance Wave Power Projects
- Ocean Power signs MOU with AltaSea
- Ocean Power signs reseller agreement with SES for the U.S.
- Ocean Power Technologies Signs Reseller Agreement with Survey Equipment Services for the USA
- 3 Penny Stocks to Watch Now, 7/4/24
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue