OPTT vs. HLGN, WAVE, VVPR, HGAS, MARPS, MTR, LITM, ISUN, ROCG, and SPI
Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Heliogen (HLGN), Eco Wave Power Global AB (publ) (WAVE), VivoPower International (VVPR), Global Gas (HGAS), Marine Petroleum Trust (MARPS), Mesa Royalty Trust (MTR), Snow Lake Resources (LITM), iSun (ISUN), Roth CH Acquisition IV (ROCG), and SPI Energy (SPI). These companies are all part of the "oils/energy" sector.
Heliogen (NYSE:HLGN) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk, community ranking and earnings.
Heliogen has a beta of 2.31, suggesting that its share price is 131% more volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.14, suggesting that its share price is 114% more volatile than the S&P 500.
27.6% of Heliogen shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 3.0% of Heliogen shares are held by company insiders. Comparatively, 0.9% of Ocean Power Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
In the previous week, Ocean Power Technologies had 3 more articles in the media than Heliogen. MarketBeat recorded 3 mentions for Ocean Power Technologies and 0 mentions for Heliogen. Ocean Power Technologies' average media sentiment score of 0.67 beat Heliogen's score of 0.67 indicating that Heliogen is being referred to more favorably in the media.
Ocean Power Technologies has lower revenue, but higher earnings than Heliogen. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Heliogen, indicating that it is currently the more affordable of the two stocks.
Ocean Power Technologies has a net margin of -614.25% compared to Ocean Power Technologies' net margin of -830.91%. Heliogen's return on equity of -86.93% beat Ocean Power Technologies' return on equity.
Ocean Power Technologies received 209 more outperform votes than Heliogen when rated by MarketBeat users. Likewise, 74.38% of users gave Ocean Power Technologies an outperform vote while only 0.00% of users gave Heliogen an outperform vote.
Summary
Ocean Power Technologies beats Heliogen on 9 of the 15 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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