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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
Phone609-730-0400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$630,000.00
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date12/9/2019 (Estimated)
OptionableNot Optionable
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 results on Monday, September, 16th. The energy company reported ($0.50) EPS for the quarter. The energy company earned $0.20 million during the quarter. Ocean Power Technologies had a negative net margin of 1,500.25% and a negative return on equity of 143.06%. View Ocean Power Technologies' Earnings History.
When is Ocean Power Technologies' next earnings date?
Has Ocean Power Technologies been receiving favorable news coverage?
News coverage about OPTT stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ocean Power Technologies earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Ocean Power Technologies.
Are investors shorting Ocean Power Technologies?
Ocean Power Technologies saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 173,900 shares, an increase of 135.0% from the August 30th total of 74,000 shares. Based on an average trading volume of 320,800 shares, the days-to-cover ratio is currently 0.5 days. Currently, 3.1% of the company's stock are short sold. View Ocean Power Technologies' Current Options Chain.
Who are some of Ocean Power Technologies' key competitors?
Some companies that are related to Ocean Power Technologies include NextEra Energy (NEE), Enel S.p.A. ADS (ENLAY), Dominion Energy (D), Southern (SO), American Electric Power (AEP), Eversource Energy (ES), CLP (CLPHY), FirstEnergy (FE), Edison International (EIX), DTE Energy (DTE), PPL (PPL), Entergy (ETR), Tenaga Nasional Bhd (TNABY), Fortis (FTS) and SSE PLC/S (SSEZY).
What other stocks do shareholders of Ocean Power Technologies own?
Who are Ocean Power Technologies' key executives?
Ocean Power Technologies' management team includes the folowing 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
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 $1.58.
How big of a company is Ocean Power Technologies?
What is Ocean Power Technologies' official website?
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]
MarketBeat Community Rating for Ocean Power Technologies (NASDAQ OPTT)
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.
