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Ocean Power Technologies (OPTT)
:OPTT
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OPTT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.12 - $1.75
Previous CloseN/A
Volume21.30M
Average Volume (3M)47.11M
Market Cap
$129.54M
Enterprise Value$16.46M
Total Cash (Recent Filing)$8.45M
Total Debt (Recent Filing)$23.00K
Price to Earnings (P/E)―
Beta1.79
Next Earnings
Mar 17, 2025EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.31
Shares Outstanding146,126,740
10 Day Avg. Volume33,382,642
30 Day Avg. Volume47,107,477
Standard Deviation0.42
R-Squared0.11
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)17.70
Price to Cash Flow (P/CF)-6.50
P/FCF Ratio0.00
Enterprise Value/Market Cap0.13
Enterprise Value/Revenue2.32
Enterprise Value/Gross Profit5.82
Enterprise Value/Ebitda-0.76
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Ocean Power Technologies News
PremiumCompany Announcements
Ocean Power Technologies Reports Rising Revenues Amid Losses
Ownership Overview
0.97% Insiders
1.54% Mutual Funds
0.08% Other Institutional Investors
96.21% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OPTT FAQ
What was Ocean Power Technologies’s price range in the past 12 months?
Ocean Power Technologies lowest stock price was $0.12 and its highest was $1.75 in the past 12 months.
What is Ocean Power Technologies’s market cap?
Ocean Power Technologies’s market cap is $129.54M.
When is Ocean Power Technologies’s upcoming earnings report date?
Ocean Power Technologies’s upcoming earnings report date is Mar 17, 2025 which is in 58 days.
How were Ocean Power Technologies’s earnings last quarter?
Ocean Power Technologies released its earnings results on Dec 16, 2024. The company reported -$0.036 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.036.
Is Ocean Power Technologies overvalued?
According to Wall Street analysts Ocean Power Technologies’s price is currently Overvalued.
Does Ocean Power Technologies pay dividends?
Ocean Power Technologies does not currently pay dividends.
What is Ocean Power Technologies’s EPS estimate?
Ocean Power Technologies’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ocean Power Technologies have?
Ocean Power Technologies has 146,126,740 shares outstanding.
What happened to Ocean Power Technologies’s price movement after its last earnings report?
Ocean Power Technologies reported an EPS of -$0.036 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -9.375%.
Which hedge fund is a major shareholder of Ocean Power Technologies?
Currently, no hedge funds are holding shares in OPTT
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Ocean Power Technologies Stock Smart Score
Unlock Smart Score
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Blogger Sentiment
Bullish
OPTT Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $20.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 54.2%
Last 30 Days ▲ 54.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
241.37%
12-Months-Change
Fundamentals
Return on Equity
-80.33%
Trailing 12-Months
Asset Growth
-31.99%
Trailing 12-Months
Company Description
Ocean Power Technologies
Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers the PB3 PowerBuoy which generates electricity by harnessing the renewable energy of ocean waves. The company operates through the following geographical segments: North America; Europe; and Asia and Australia. Ocean Power Technologies was founded by George W. Taylor on April 19, 1984 and is headquartered in Monroe Township, NJ.
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OPTT Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive trajectory for Ocean Power Technologies, with record revenues and strategic partnerships driving growth. However, challenges remain in terms of cash reserves and ongoing net losses. The company is focused on achieving profitability and positive cash flow by the end of calendar year 2025.Read More>---
Technical Analysis
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