NASDAQ:OPTT - Ocean Power Technologies Stock Price, Price Target & More

$1.09 0.00 (0.00 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$1.09
Today's Range$1.08 - $1.11
52-Week Range$1.02 - $3.67
Volume306,208 shs
Average Volume748,388 shs
Market Capitalization$20.09 million
P/E RatioN/A
Dividend YieldN/A
Beta4.43

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 services
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:OPTT
CUSIPN/A
Phone609-730-0400

Debt

Debt-to-Equity RatioN/A
Current Ratio5.06%
Quick Ratio5.06%

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 / Sales23.69
Cash FlowN/A
Price / CashN/A
Book Value$0.47 per share
Price / Book2.32

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-9,480,000.00
Net Margins-1,306.84%
Return on Equity-86.28%
Return on Assets-65.41%

Miscellaneous

Employees30
Outstanding Shares18,260,000

How to Become a New Pot Stock Millionaire

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) released its quarterly earnings results on Tuesday, March, 6th. The energy company reported ($0.09) earnings per share (EPS) for the quarter. Ocean Power Technologies had a negative return on equity of 86.28% and a negative net margin of 1,306.84%. 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)
  • Christopher Phebus, Vice President - Engineering
  • 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)

Has Ocean Power Technologies been receiving favorable news coverage?

Media stories about OPTT stock have trended somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ocean Power Technologies earned a media sentiment score of 0.23 on Accern's scale. They also assigned news articles about the energy company an impact score of 44.94 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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, Scottrade, Fidelity and Charles Schwab.

What is Ocean Power Technologies' stock price today?

One share of OPTT stock can currently be purchased for approximately $1.09.

How big of a company is Ocean Power Technologies?

Ocean Power Technologies has a market capitalization of $20.09 million and generates $840,000.00 in revenue each year. Ocean Power Technologies employs 30 workers across the globe.

How can I contact Ocean Power Technologies?

Ocean Power Technologies' mailing address is 28 ENGELHARD DRIVE, MONROE TOWNSHIP NJ, 08831. The energy company can be reached via phone at 609-730-0400 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:  59 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  117
MarketBeat's community ratings are surveys of what our community members think about Ocean Power Technologies and other stocks. Vote "Outperform" if you believe OPTT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OPTT will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Ocean Power Technologies (NASDAQ:OPTT) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 4/20/2016 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
3/6/2018Q3 2018($0.09)ViewN/AView Earnings Details
12/12/2017Q2 2018($0.20)$0.09 millionViewListenView Earnings Details
9/7/2017Q1 2018($0.22)$0.20 millionViewN/AView Earnings Details
7/14/2017Q4 2017($0.39)$0.25 millionViewN/AView Earnings Details
3/7/2017Q3 2017($0.37)$0.22 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
7/15/2016Q4 2016($1.51)$0.10 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
7/29/2014Q4 2014($2.20)$0.38 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)$0.9824 million$0.4609 millionViewListenView Earnings Details
7/12/2013Q4 2013($0.40)$1.39 million$0.4079 millionViewListenView Earnings Details
3/14/2013Q3 2013($0.34)($0.14)$0.9236 million$0.8656 millionViewListenView Earnings Details
12/14/2012Q2 2013($4.60)ViewN/AView Earnings Details
9/14/2012Q1 2013($3.20)($4.21)ViewN/AView Earnings Details
7/13/2012Q4 2012($3.00)($3.98)ViewN/AView Earnings Details
3/9/2012Q3 2012($3.40)($2.11)ViewN/AView Earnings Details
12/9/2011Q2 2012($3.20)($3.78)ViewN/AView Earnings Details
9/9/2011Q1 2012($3.60)($4.86)ViewN/AView Earnings Details
7/14/2011Q4 2011($2.70)($5.17)ViewN/AView Earnings Details
3/14/2011Q3 2011($3.00)($3.28)ViewN/AView Earnings Details
12/10/2010Q2 2011($4.00)($5.37)ViewN/AView Earnings Details
9/9/2010Q1 2011($4.50)($6.12)ViewN/AView Earnings Details
7/13/2010Q4 2010($5.70)($6.10)ViewN/AView Earnings Details
3/12/2010Q3 2010($4.70)($5.53)ViewN/AView Earnings Details
12/10/2009Q2 2010($4.10)($5.08)ViewN/AView Earnings Details
9/9/2009Q1 2010($4.40)($2.06)ViewN/AView Earnings Details
3/12/2009Q3 2009($5.30)($3.52)ViewN/AView Earnings Details
12/10/2008Q2 2009($4.60)($5.99)ViewN/AView Earnings Details
9/9/2008Q1 2009($4.00)($3.81)ViewN/AView Earnings Details
3/17/2008Q3 2008($3.20)($3.91)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Ocean Power Technologies (NASDAQ:OPTT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

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

Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 4.83%
Insider Trading History for Ocean Power Technologies (NASDAQ:OPTT)
Institutional Ownership by Quarter for Ocean Power Technologies (NASDAQ:OPTT)

Ocean Power Technologies (NASDAQ OPTT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/20/2018George H Kirby IIICEOBuy7,000$1.16$8,120.00108,831View SEC Filing  
10/24/2016George H Kirby IIICEOBuy6,300$3.16$19,908.0079,550View 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
Factors of Influence in 2018, Key Indicators and Opportunity within Cerner, Extended Stay America, DENTSPLY SIRONA, Ocean Power Technologies, Crocs, and NIKE — New Research Emphasizes Economic GrowthFactors of Influence in 2018, Key Indicators and Opportunity within Cerner, Extended Stay America, DENTSPLY SIRONA, Ocean Power Technologies, Crocs, and NIKE — New Research Emphasizes Economic Growth
finance.yahoo.com - April 16 at 8:01 AM
Ocean Power (OPTT) Presents At MicroCap Conference 2018 - SlideshowOcean Power (OPTT) Presents At MicroCap Conference 2018 - Slideshow
seekingalpha.com - April 11 at 5:53 PM
Free Research Report as Generac’s Quarterly Sales Advanced 17%; Adjusted EPS Jumped 22%Free Research Report as Generac’s Quarterly Sales Advanced 17%; Adjusted EPS Jumped 22%
finance.yahoo.com - March 21 at 8:16 AM
Ocean Power Technologies achieves significant step in resolving remaining legacy issues and better positions the Company for future growthOcean Power Technologies achieves significant step in resolving remaining legacy issues and better positions the Company for future growth
finance.yahoo.com - March 15 at 6:31 PM
Ocean Power Technologies, Inc. to Host Earnings CallOcean Power Technologies, Inc. to Host Earnings Call
finance.yahoo.com - March 7 at 8:05 AM
Ocean Power Technologies to Present at the 30th Annual ROTH ConferenceOcean Power Technologies to Present at the 30th Annual ROTH Conference
finance.yahoo.com - March 6 at 5:49 PM
Ocean Power Technologies Announces Third Quarter Fiscal 2018 ResultsOcean Power Technologies Announces Third Quarter Fiscal 2018 Results
finance.yahoo.com - March 6 at 5:49 PM
Investor Expectations to Drive Momentum within 8point3 Energy Partners LP, Matthews International, MGP Ingredients, Ocean Power Technologies, DENTSPLY SIRONA, and Square — Discovering Underlying Factors of InfluenceInvestor Expectations to Drive Momentum within 8point3 Energy Partners LP, Matthews International, MGP Ingredients, Ocean Power Technologies, DENTSPLY SIRONA, and Square — Discovering Underlying Factors of Influence
finance.yahoo.com - February 6 at 7:41 AM
Does Ocean Power Technologies Inc’s (NASDAQ:OPTT) CEO Pay Reflect Performance?Does Ocean Power Technologies Inc’s (NASDAQ:OPTT) CEO Pay Reflect Performance?
finance.yahoo.com - February 6 at 7:41 AM
Ocean Power Technologies (OPTT) Upgraded by ValuEngine to SellOcean Power Technologies (OPTT) Upgraded by ValuEngine to Sell
www.americanbankingnews.com - February 4 at 6:36 PM
Pre-Market Technical Scan on Machinery Equities -- Hudson Technologies, Ideal Power, Ocean Power Technologies, and AMETEKPre-Market Technical Scan on Machinery Equities -- Hudson Technologies, Ideal Power, Ocean Power Technologies, and AMETEK
www.prnewswire.com - January 23 at 3:10 PM
Ocean Power Technologies Signs Agreement with Premier OilOcean Power Technologies Signs Agreement with Premier Oil
finance.yahoo.com - January 22 at 3:41 PM
Who Are The Largest Shareholders In Ocean Power Technologies Inc (NASDAQ:OPTT)?Who Are The Largest Shareholders In Ocean Power Technologies Inc (NASDAQ:OPTT)?
finance.yahoo.com - January 20 at 10:16 AM
Ocean Power Technologies Announces Adoption of New Employment Inducement Incentive Award Plan and Grant of ... - GlobeNewswire (press release)Ocean Power Technologies Announces Adoption of New Employment Inducement Incentive Award Plan and Grant of ... - GlobeNewswire (press release)
globenewswire.com - January 19 at 5:06 PM
Ocean Power Technologies Announces Adoption of New Employment Inducement Incentive Award Plan and Grant of Inducement AwardOcean Power Technologies Announces Adoption of New Employment Inducement Incentive Award Plan and Grant of Inducement Award
finance.yahoo.com - January 19 at 5:06 PM
Christopher Phebus Joins Ocean Power Technologies as Vice President of Engineering - GlobeNewswire (press release)Christopher Phebus Joins Ocean Power Technologies as Vice President of Engineering - GlobeNewswire (press release)
globenewswire.com - January 18 at 4:11 PM
Christopher Phebus Joins Ocean Power Technologies as Vice President of EngineeringChristopher Phebus Joins Ocean Power Technologies as Vice President of Engineering
www.nasdaq.com - January 16 at 10:15 AM
Christopher Phebus Joins Ocean Power Technologies as Vice President of EngineeringChristopher Phebus Joins Ocean Power Technologies as Vice President of Engineering
finance.yahoo.com - January 16 at 10:15 AM
Should You Have Ocean Power Technologies Inc’s (NASDAQ:OPTT) In Your Portfolio?Should You Have Ocean Power Technologies Inc’s (NASDAQ:OPTT) In Your Portfolio?
finance.yahoo.com - January 2 at 5:32 PM
Free Research Report as Zebra Technologies’ Net Sales Grew 3%, Non-GAAP Surged 31%Free Research Report as Zebra Technologies’ Net Sales Grew 3%, Non-GAAP Surged 31%
finance.yahoo.com - December 21 at 10:15 AM
Ocean Power Technologies (OPTT) Posts  Earnings ResultsOcean Power Technologies (OPTT) Posts Earnings Results
www.americanbankingnews.com - December 13 at 11:10 AM
Ocean Power Technologies, Inc. :OPTT-US: Earnings Analysis: Q2, 2018 By the Numbers : December 13, 2017Ocean Power Technologies, Inc. :OPTT-US: Earnings Analysis: Q2, 2018 By the Numbers : December 13, 2017
finance.yahoo.com - December 13 at 10:37 AM
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

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 Friday, April, 20, 2018

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This page was last updated on 4/20/2018 by MarketBeat.com Staff

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