Ocean Power Technologies Stock Price, News & Analysis (NASDAQ:OPTT)

$1.13 -0.01 (-0.88 %)
(As of 12/13/2017 03:58 AM ET)
Previous Close$1.14
Today's Range$1.12 - $1.17
52-Week Range$1.08 - $3.67
Volume576,400 shs
Average Volume782,508 shs
Market Capitalization$14.15 million
P/E RatioN/A
Dividend YieldN/A
Beta4.44

About Ocean Power Technologies (NASDAQ:OPTT)

Ocean Power Technologies, Inc. is developing and seeking to commercialize its systems that generate electricity by connecting the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies that convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company focuses on developing its PowerBuoy product line, which is based on modular, ocean-going buoys. Its autonomous PowerBuoy generates power for use in remote locations, independent of an existing power grid. The Company focuses on developing and commercializing its PowerBuoy products and services for use in autonomous power applications. The Company markets its PowerBuoys in the United States and internationally. The autonomous PowerBuoy integrates a power take-off (PTO) and onboard system for energy storage and management. Its PowerBuoy product is the PB3. PB3 can act as an uninterruptable power supply (UPS), which recharges itself by harvesting energy from the waves.

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Industry, Sector and Symbol

Industry Electric Utilities
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:OPTT
CUSIPN/A
Phone+1-609-7300400

Debt

Debt-to-Equity RatioN/A
Current Ratio4.29%
Quick Ratio4.29%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$840,000.00
Price / Sales24.56
Cash FlowN/A
Price / CashN/A
Book Value$0.47 per share
Price / Book2.40

Profitability

Trailing EPS($0.98)
Net Income$-9,480,000.00
Net Margins-995.22%
Return on Equity-125.57%
Return on Assets-79.61%

Miscellaneous

Employees30
Outstanding Shares18,260,000

Ocean Power Technologies (NASDAQ:OPTT) Frequently Asked Questions

What is Ocean Power Technologies' stock symbol?

Ocean Power Technologies trades on the NASDAQ under the ticker symbol "OPTT."

How were Ocean Power Technologies' earnings last quarter?

Ocean Power Technologies, Inc. (NASDAQ:OPTT) posted its quarterly earnings data on Thursday, September, 7th. The energy company reported ($0.22) earnings per share for the quarter. The energy company had revenue of $0.20 million for the quarter. Ocean Power Technologies had a negative net margin of 995.22% and a negative return on equity of 125.57%. View Ocean Power Technologies' Earnings History.

Who are some of Ocean Power Technologies' key competitors?

Who are Ocean Power Technologies' key executives?

Ocean Power Technologies' management team includes the folowing people:

  • George H III Kirby, President, Chief Executive Officer, Director (Age 47)
  • Matthew T. Shafer, Chief Financial Officer, Principal Accounting Officer, Vice President - Finance, Treasurer (Age 46)
  • Terence James Cryan, Chairman of the Board (Age 55)
  • Robert J. Burger, Independent Director (Age 52)
  • Steven M. Fludder, Independent Director (Age 57)
  • Dean J. Glover, Independent Director (Age 51)
  • Robert K. Winters, Independent Director (Age 49)

How do I buy Ocean Power Technologies stock?

Shares of Ocean Power Technologies can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ocean Power Technologies' stock price today?

One share of Ocean Power Technologies stock can currently be purchased for approximately $1.13.

How big of a company is Ocean Power Technologies?

Ocean Power Technologies has a market capitalization of $14.15 million and generates $840,000.00 in revenue each year. The energy company earns $-9,480,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. Ocean Power Technologies employs 30 workers across the globe.

How can I contact Ocean Power Technologies?

Ocean Power Technologies' mailing address is 1590 Reed Rd, PENNINGTON, NJ 08534-5003, United States. The energy company can be reached via phone at +1-609-7300400 or via email at [email protected]


MarketBeat Community Rating for Ocean Power Technologies (OPTT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  32 (Vote Underperform)
Total Votes:  65
MarketBeat's community ratings are surveys of what our community members think about Ocean Power Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Ocean Power Technologies (NASDAQ:OPTT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/AN/AHold
Consensus Rating Score: N/AN/AN/A2.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Ocean Power Technologies (NASDAQ:OPTT) Consensus Price Target History

Price Target History for Ocean Power Technologies (NASDAQ:OPTT)

Ocean Power Technologies (NASDAQ:OPTT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/22/2015HC WainwrightReiterated RatingNeutralN/AView Rating Details
(Data available from 12/13/2015 forward)

Earnings

Ocean Power Technologies (NASDAQ:OPTT) Earnings History and Estimates Chart

Earnings by Quarter for Ocean Power Technologies (NASDAQ:OPTT)

Ocean Power Technologies (NASDAQ OPTT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/7/2017Q1 2018($0.22)$0.20 millionViewN/AView Earnings Details
12/9/2016Q2 2017($0.25)$0.17 millionViewN/AView Earnings Details
9/12/2016Q1($1.72)$0.20 millionViewN/AView Earnings Details
3/11/2016Q316($1.85)($1.05)$0.63 million$0.01 millionViewN/AView Earnings Details
12/14/2015Q2($1.71)$0.49 millionViewListenView Earnings Details
9/8/2015Q116($0.15)$0.24$0.47 million$0.11 millionViewListenView Earnings Details
7/6/2015Q415($0.21)($0.19)$0.36 million$0.49 millionViewListenView Earnings Details
3/11/2015Q315($0.12)($0.12)$0.33 millionViewListenView Earnings Details
12/10/2014Q215($0.25)$1.75 millionViewN/AView Earnings Details
9/12/2014Q115($0.31)($0.19)$1.54 millionViewN/AView Earnings Details
3/14/2014Q3($0.31)($0.06)$865.55 million$199.62 millionViewListenView Earnings Details
12/13/2013Q2($0.39)($0.31)$0.50 million$0.50 millionViewListenView Earnings Details
9/13/2013Q1 2014($0.40)($0.36)$0.98 million$0.46 millionViewListenView Earnings Details
7/12/2013Q4 2013($0.40)$1.39 million$0.41 millionViewListenView Earnings Details
3/14/2013Q3 2013($0.34)($0.14)$0.92 million$0.87 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Ocean Power Technologies (NASDAQ:OPTT) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Ocean Power Technologies (NASDAQ:OPTT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Ocean Power Technologies (NASDAQ OPTT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 2.83%
Insider Trades by Quarter for Ocean Power Technologies (NASDAQ:OPTT)

Ocean Power Technologies (NASDAQ OPTT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/24/2016George H Kirby IIICEOBuy6,300$3.16$19,908.00View SEC Filing  
7/16/2015George H Kirby IIICEOBuy9,229$0.58$5,352.82View SEC Filing  
1/20/2015David R HeinzCOOBuy20,000$0.52$10,400.00View SEC Filing  
12/17/2014Mark A FeatherstoneCFOBuy5,000$0.60$3,000.00View SEC Filing  
12/16/2014David R HeinzCOOBuy5,000$0.59$2,950.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Ocean Power Technologies (NASDAQ OPTT) News Headlines

Source:
DateHeadline
Ocean Power Technologies Announces Second Quarter Fiscal 2018 ResultsOcean Power Technologies Announces Second Quarter Fiscal 2018 Results
finance.yahoo.com - December 12 at 4:57 PM
Ocean Power Technologies Schedules Second Quarter 2018 Conference Call for December 13, 2017 at 10:00 a.m. ETOcean Power Technologies Schedules Second Quarter 2018 Conference Call for December 13, 2017 at 10:00 a.m. ET
finance.yahoo.com - December 6 at 10:32 AM
With 81.5% Earnings Growth Lately, Did Ocean Power Technologies Inc (OPTT) Outperform The Industry?With 81.5% Earnings Growth Lately, Did Ocean Power Technologies Inc (OPTT) Outperform The Industry?
finance.yahoo.com - November 30 at 10:54 AM
Ocean Power Technologies (OPTT) Scheduled to Post Earnings on ThursdayOcean Power Technologies (OPTT) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - November 30 at 1:30 AM
Has Ocean Power Technologies Inc (OPTT) Got Enough Cash To Cover Its Short-Term Obligations?Has Ocean Power Technologies Inc (OPTT) Got Enough Cash To Cover Its Short-Term Obligations?
finance.yahoo.com - November 15 at 7:08 AM
ETFs with exposure to Ocean Power Technologies, Inc. : November 6, 2017ETFs with exposure to Ocean Power Technologies, Inc. : November 6, 2017
finance.yahoo.com - November 6 at 3:24 PM
ETFs with exposure to Ocean Power Technologies, Inc. : October 23, 2017ETFs with exposure to Ocean Power Technologies, Inc. : October 23, 2017
finance.yahoo.com - October 25 at 8:39 AM
Ocean Power Technologies, Inc. Closes $8150000 Offering of Common Stock - GlobeNewswire (press release)Ocean Power Technologies, Inc. Closes $8150000 Offering of Common Stock - GlobeNewswire (press release)
globenewswire.com - October 24 at 8:09 AM
Ocean Power Technologies, Inc. Prices $8,150,000 Offering of Common StockOcean Power Technologies, Inc. Prices $8,150,000 Offering of Common Stock
finance.yahoo.com - October 20 at 7:12 AM
ETFs with exposure to Ocean Power Technologies, Inc. : October 11, 2017ETFs with exposure to Ocean Power Technologies, Inc. : October 11, 2017
finance.yahoo.com - October 12 at 7:57 AM
Should You Sell Ocean Power Technologies Inc (OPTT) For This Reason?Should You Sell Ocean Power Technologies Inc (OPTT) For This Reason?
finance.yahoo.com - October 5 at 2:13 PM
ETFs with exposure to Ocean Power Technologies, Inc. : September 22, 2017ETFs with exposure to Ocean Power Technologies, Inc. : September 22, 2017
finance.yahoo.com - September 23 at 9:09 AM
Ocean Power Technologies (OPTT) CEO George Kirby on Q1 2018 Results - Earnings Call TranscriptOcean Power Technologies' (OPTT) CEO George Kirby on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - September 13 at 7:27 AM
Edited Transcript of OPTT earnings conference call or presentation 12-Sep-17 2:00pm GMTEdited Transcript of OPTT earnings conference call or presentation 12-Sep-17 2:00pm GMT
finance.yahoo.com - September 13 at 7:27 AM
Ocean Power Technologies, Inc. :OPTT-US: Earnings Analysis: Q1, 2018 By the Numbers : September 11, 2017Ocean Power Technologies, Inc. :OPTT-US: Earnings Analysis: Q1, 2018 By the Numbers : September 11, 2017
finance.yahoo.com - September 12 at 8:14 AM
Investor Network: Ocean Power Technologies, Inc. to Host Earnings CallInvestor Network: Ocean Power Technologies, Inc. to Host Earnings Call
finance.yahoo.com - September 12 at 8:14 AM
Ocean Power Technologies Announces Results for the First Quarter of Fiscal Year 2018 ended July 31,Ocean Power Technologies Announces Results for the First Quarter of Fiscal Year 2018 ended July 31,
www.nasdaq.com - September 10 at 6:11 AM
Ocean Power Technologies, Inc. (OPTT) Issues Quarterly  Earnings ResultsOcean Power Technologies, Inc. (OPTT) Issues Quarterly Earnings Results
www.americanbankingnews.com - September 9 at 10:28 AM
Ocean Power Technologies Announces Results for the First Quarter of Fiscal Year 2018 ended July 31, 2017Ocean Power Technologies Announces Results for the First Quarter of Fiscal Year 2018 ended July 31, 2017
finance.yahoo.com - September 9 at 7:01 AM
Ocean Power Technologies, Inc. (OPTT) Scheduled to Post Quarterly Earnings on MondayOcean Power Technologies, Inc. (OPTT) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - September 4 at 2:42 AM
Ocean Power Technologies to attend the SPE Offshore Europe 2017 Conference & ExhibitionOcean Power Technologies to attend the SPE Offshore Europe 2017 Conference & Exhibition
feeds.benzinga.com - August 28 at 9:46 AM
Ocean Power Technologies Establishes a Houston Presence To Support Oil & Gas Business DevelopmentOcean Power Technologies Establishes a Houston Presence To Support Oil & Gas Business Development
www.nasdaq.com - July 26 at 6:10 AM
Ocean Power Technologies Establishes a Houston Presence To Support Oil & Gas Business DevelopmentOcean Power Technologies Establishes a Houston Presence To Support Oil & Gas Business Development
finance.yahoo.com - July 26 at 6:10 AM
Ocean Power Technologies, Inc. :OPTT-US: Earnings Analysis: Q4, 2017 By the Numbers : July 18, 2017Ocean Power Technologies, Inc. :OPTT-US: Earnings Analysis: Q4, 2017 By the Numbers : July 18, 2017
finance.yahoo.com - July 19 at 6:01 AM
Ocean Power Technologies (OPTT) CEO George Kirby on Q4 2017 Results - Earnings Call TranscriptOcean Power Technologies' (OPTT) CEO George Kirby on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - July 18 at 7:01 AM
Edited Transcript of OPTT earnings conference call or presentation 17-Jul-17 7:30pm GMTEdited Transcript of OPTT earnings conference call or presentation 17-Jul-17 7:30pm GMT
finance.yahoo.com - July 18 at 7:01 AM
Ocean Power Technologies Announces Results for the Fiscal Fourth Quarter and Full Year Ended AprilOcean Power Technologies Announces Results for the Fiscal Fourth Quarter and Full Year Ended April
www.nasdaq.com - July 15 at 7:11 AM
Ocean Power Technologies Announces Results for the Fiscal Fourth Quarter and Full Year Ended April 30, 2017Ocean Power Technologies Announces Results for the Fiscal Fourth Quarter and Full Year Ended April 30, 2017
finance.yahoo.com - July 15 at 7:11 AM
Ocean Power Technologies Announces PB3 Commercial PowerBuoy(R) Performance off Kozu-Island, Japan After Eight Weeks of DeploymentOcean Power Technologies Announces PB3 Commercial PowerBuoy(R) Performance off Kozu-Island, Japan After Eight Weeks of Deployment
www.marketwatch.com - June 13 at 10:38 AM
Research Reports Initiation on Machinery Stocks -- Cleantech Solutions, Hudson Technologies, Ocean Power Technologies, and ActuantResearch Reports Initiation on Machinery Stocks -- Cleantech Solutions, Hudson Technologies, Ocean Power Technologies, and Actuant
www.bizjournals.com - May 24 at 10:15 AM
Ocean Power Technologies, Inc. Prices Offering of 5385000 Shares of Common Stock - GlobeNewswire (press release)Ocean Power Technologies, Inc. Prices Offering of 5385000 Shares of Common Stock - GlobeNewswire (press release)
globenewswire.com - April 28 at 12:36 AM
Ocean Power Tech prices 5.385M-share offering at $1.30/shareOcean Power Tech prices 5.385M-share offering at $1.30/share
seekingalpha.com - April 27 at 10:14 AM
Ocean Power Technologies (OPTT) Deploys PB3 PowerBuoy in JapanOcean Power Technologies (OPTT) Deploys PB3 PowerBuoy in Japan
www.streetinsider.com - April 21 at 6:53 PM
BRIEF-Ocean Power Technologies reports manufacturing expansionBRIEF-Ocean Power Technologies reports manufacturing expansion
www.reuters.com - April 7 at 11:45 AM
Energy Sector Fell Due to Higher Oil InventoriesEnergy Sector Fell Due to Higher Oil Inventories
us.rd.yahoo.com - March 9 at 6:54 PM
Ocean Power Technologies to Present at the 29th Annual Roth Capital Partners Conference on March 14, 2017Ocean Power Technologies to Present at the 29th Annual Roth Capital Partners Conference on March 14, 2017
us.rd.yahoo.com - March 9 at 6:54 PM
Ocean Power Technologies (OPTT) CEO George Kirby on Q3 2017 Results - Earnings Call Transcript - Seeking AlphaOcean Power Technologies' (OPTT) CEO George Kirby on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - March 8 at 3:42 PM
Ocean Power Technologies Inc Earnings Call scheduled for 9:00 am ET todayOcean Power Technologies Inc Earnings Call scheduled for 9:00 am ET today
biz.yahoo.com - March 8 at 9:14 AM
OCEAN POWER TECHNOLOGIES, INC. Files SEC form 10-Q, Quarterly ReportOCEAN POWER TECHNOLOGIES, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - March 7 at 6:55 PM
OCEAN POWER TECHNOLOGIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial StatementOCEAN POWER TECHNOLOGIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
biz.yahoo.com - March 7 at 6:55 PM
OCEAN POWER TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsOCEAN POWER TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 8 at 7:58 PM
Ocean Power Tech +13% on development and marketing agreementOcean Power Tech +13% on development and marketing agreement
seekingalpha.com - February 7 at 12:08 AM
9:29 am Ocean Power Tech and HAI Technologies announce a joint application development & marketing agreement with an initial focus on offshore oil & gas subsea chemical injection systems; financial terms not disclosed9:29 am Ocean Power Tech and HAI Technologies announce a joint application development & marketing agreement with an initial focus on offshore oil & gas subsea chemical injection systems; financial terms not disclosed
us.rd.yahoo.com - February 7 at 12:08 AM
BUZZ-US STOCKS ON THE MOVE-Hasbro, Tyson Foods, AMD, Newell Brands - NasdaqBUZZ-US STOCKS ON THE MOVE-Hasbro, Tyson Foods, AMD, Newell Brands - Nasdaq
www.nasdaq.com - February 6 at 7:08 PM
15 Biggest Mid-Day Gainers For Monday - Benzinga15 Biggest Mid-Day Gainers For Monday - Benzinga
www.benzinga.com - February 6 at 7:08 PM
Mid-Morning Market Update: Markets Edge Lower; Tyson Tops Q1 Estimates - NasdaqMid-Morning Market Update: Markets Edge Lower; Tyson Tops Q1 Estimates - Nasdaq
www.nasdaq.com - February 6 at 7:08 PM
Ocean Power Technologies (OPTT), HAI Technologies Announce Joint Application Development and Marketing ... - StreetInsider.comOcean Power Technologies (OPTT), HAI Technologies Announce Joint Application Development and Marketing ... - StreetInsider.com
www.streetinsider.com - February 6 at 7:08 PM
How These Machinery Stocks are Faring? -- Cummins, Xylem ... - PR Newswire (press release)How These Machinery Stocks are Faring? -- Cummins, Xylem ... - PR Newswire (press release)
www.prnewswire.com - January 6 at 7:47 PM

SEC Filings

Ocean Power Technologies (NASDAQ:OPTT) SEC Filings

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Social Media

Financials

Ocean Power Technologies (NASDAQ:OPTT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Ocean Power Technologies (NASDAQ OPTT) Stock Chart for Wednesday, December, 13, 2017

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This page was last updated on 12/13/2017 by MarketBeat.com Staff

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