OPTT vs. WAVE, HLGN, KEP, EE, PEGI, AY, OTTR, ORA, NEE, and SO
Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Eco Wave Power Global AB (publ) (WAVE), Heliogen (HLGN), Korea Electric Power (KEP), Excelerate Energy (EE), Pattern Energy Group (PEGI), Atlantica Sustainable Infrastructure (AY), Otter Tail (OTTR), Ormat Technologies (ORA), NextEra Energy (NEE), and Southern (SO).
Ocean Power Technologies (NASDAQ:OPTT) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, profitability, analyst recommendations, earnings, dividends, risk, institutional ownership, media sentiment and valuation.
Ocean Power Technologies has a beta of 2.14, meaning that its stock price is 114% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.95, meaning that its stock price is 195% less volatile than the S&P 500.
Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.
In the previous week, Ocean Power Technologies had 1 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 3 mentions for Ocean Power Technologies and 2 mentions for Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ)'s average media sentiment score of 1.88 beat Ocean Power Technologies' score of 0.52 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -614.25%. Eco Wave Power Global AB (publ)'s return on equity of -21.76% beat Ocean Power Technologies' return on equity.
11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 0.9% of Ocean Power Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than Ocean Power Technologies. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Ocean Power Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Ocean Power Technologies and Eco Wave Power Global AB (publ) tied by winning 7 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OPTT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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