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NASDAQ:OPTTOcean Power Technologies Stock Price, Forecast & News

+0.49 (+44.14 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $1.60
50-Day Range
MA: $0.79
52-Week Range
Now: $1.60
Volume29.46 million shs
Average Volume1.43 million shs
Market Capitalization$27.39 million
P/E RatioN/A
Dividend YieldN/A
Ocean Power Technologies, Inc. is a renewable wave-energy technology company, which engages in the development of commercialize proprietary systems that generate electricity through ocean waves. It offers the PB3 PowerBuoy which generates electricity by harnessing the renewable energy of ocean waves. It operates through the following geographical segments: North America; Europe; and Asia and Australia. The company was founded by George W. Taylor on April 19, 1984 and is headquartered in Pennington, NJ.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.58 out of 5 stars

Industry, Sector and Symbol

Industry Electric services
Current SymbolNASDAQ:OPTT



Sales & Book Value

Annual Sales$1.68 million
Book Value$1.21 per share


Net Income$-10,350,000.00
Net Margins-615.46%


Market Cap$27.39 million
Next Earnings Date9/21/2020 (Estimated)
OptionableNot Optionable
+0.49 (+44.14 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ocean Power Technologies (NASDAQ:OPTT) Frequently Asked Questions

How has Ocean Power Technologies' stock price been impacted by COVID-19?

Ocean Power Technologies' stock was trading at $0.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OPTT stock has increased by 226.5% and is now trading at $1.60.
View which stocks have been most impacted by COVID-19

When is Ocean Power Technologies' next earnings date?

Ocean Power Technologies is scheduled to release its next quarterly earnings announcement on Monday, September 21st 2020.
View our earnings forecast for Ocean Power Technologies

How were Ocean Power Technologies' earnings last quarter?

Ocean Power Technologies Inc (NASDAQ:OPTT) announced its quarterly earnings data on Monday, June, 29th. The energy company reported ($0.13) earnings per share for the quarter. The energy company earned $0.55 million during the quarter. Ocean Power Technologies had a negative return on equity of 94.45% and a negative net margin of 615.46%.
View Ocean Power Technologies' earnings history

Has Ocean Power Technologies been receiving favorable news coverage?

Media headlines about OPTT stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ocean Power Technologies earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about Ocean Power Technologies

Are investors shorting Ocean Power Technologies?

Ocean Power Technologies saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 253,900 shares, an increase of 139.3% from the June 15th total of 106,100 shares. Based on an average trading volume of 1,950,000 shares, the short-interest ratio is presently 0.1 days.
View Ocean Power Technologies' Short Interest

Who are some of Ocean Power Technologies' key competitors?

Some companies that are related to Ocean Power Technologies include AK PWR & TEL CO/SH SH (APTL), Sky Solar (SKYS), Biotricity (BTCY), Summer Energy (SUME) and Premier (PRHL).
View all competitors

What other stocks do shareholders of Ocean Power Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Power Technologies investors own include Advanced Micro Devices (AMD), FuelCell Energy (FCEL), Gevo (GEVO), Plug Power (PLUG), Atossa Genetics (ATOS), Biocept (BIOC), Superconductor Technologies (SCON), Microvision (MVIS), Westwater Resources (WWR) and CTI BioPharma (CTIC).

Who are Ocean Power Technologies' key executives?

Ocean Power Technologies' management team includes the following people:
  • George H. Kirby, President, CEO & Executive Director
  • Matthew T. Shafer, CFO, Treasurer, Principal Accounting Officer & VP
  • Matthew May, Vice President-Global Business Development
  • John W. Lawrence, Secretary & General Counsel

What is Ocean Power Technologies' stock symbol?

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

How do I buy shares of Ocean Power Technologies?

Shares of OPTT 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, Robinhood, Fidelity, and Charles Schwab.

What is Ocean Power Technologies' stock price today?

One share of OPTT stock can currently be purchased for approximately $1.60.

How big of a company is Ocean Power Technologies?

Ocean Power Technologies has a market capitalization of $27.39 million and generates $1.68 million in revenue each year.

What is Ocean Power Technologies' official website?

The official website for Ocean Power Technologies is www.oceanpowertechnologies.com.

How can I contact Ocean Power Technologies?

Ocean Power Technologies' mailing address is 28 ENGELHARD DRIVE SUITE B, MONROE TOWNSHIP NJ, 08831. The energy company can be reached via phone at 609-730-0400 or via email at [email protected]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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