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NASDAQ:OPTT

Ocean Power Technologies - OPTT Stock Forecast, Price & News

$0.52
0.00 (-0.69%)
(As of 03/28/2023 11:41 AM ET)
Add
Compare
Today's Range
$0.51
$0.52
50-Day Range
$0.50
$0.76
52-Week Range
$0.44
$1.55
Volume
18,272 shs
Average Volume
197,189 shs
Market Capitalization
$29.02 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

OPTT stock logo

About Ocean Power Technologies (NASDAQ:OPTT) Stock

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves. It operates through the following geographical segments: North and South America, Europe, and Asia and Australia. The company was founded by George W. Taylor on April 19, 1984 and is headquartered in Monroe Township, NJ.

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OPTT Stock News Headlines

Nevada Could be the Source for America's Green Future
Industry shift towards lithium driven by green energy goals
OPT to present at World Ocean Summit & Expo
Lithium Could Be 2023's Next Big Surprise
Lithium is the hottest commodity for our green future
Why Ocean Power Technologies (OPTT) Is Spiking Today
Ocean Power Technologies cuts losses as orders and revenues grow
11 Best Alternative Energy Stocks to Buy Now
See More Headlines
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OPTT Company Calendar

Last Earnings
9/14/2020
Today
3/28/2023
Fiscal Year End
4/30/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:OPTT
Employees
46
Year Founded
1984

Profitability

Net Income
$-18,870,000.00
Net Margins
-875.11%
Pretax Margin
-917.39%

Debt

Sales & Book Value

Annual Sales
$2.51 million
Book Value
$0.94 per share

Miscellaneous

Free Float
55,719,000
Market Cap
$29.22 million
Optionable
Not Optionable
Beta
1.92

Social Links


Key Executives

  • J. Philipp Stratmann
    President, Chief Executive Officer & Director
  • Ethan Butler
    Vice President-Engineering & Operations
  • Robert P. Powers
    Chief Financial Officer & Senior Vice President
  • Joseph DiPietro
    Treasurer, Chief Accounting Officer & Controller
  • Matthew Burdyny
    Vice President-Global Sales & Marketing













OPTT Stock - Frequently Asked Questions

How have OPTT shares performed in 2023?

Ocean Power Technologies' stock was trading at $0.4501 on January 1st, 2023. Since then, OPTT stock has increased by 15.5% and is now trading at $0.5198.
View the best growth stocks for 2023 here
.

How were Ocean Power Technologies' earnings last quarter?

Ocean Power Technologies, Inc. (NASDAQ:OPTT) posted its earnings results on Monday, September, 14th. The energy company reported ($0.22) earnings per share (EPS) for the quarter. The energy company earned $0.17 million during the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 35.99% and a negative net margin of 875.11%.

What is George Kirby's approval rating as Ocean Power Technologies' CEO?

3 employees have rated Ocean Power Technologies Chief Executive Officer George Kirby on Glassdoor.com. George Kirby has an approval rating of 72% among the company's employees.

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), Plug Power (PLUG), FuelCell Energy (FCEL), iBio (IBIO), Inovio Pharmaceuticals (INO), MicroVision (MVIS), OPKO Health (OPK), Atossa Therapeutics (ATOS) and Gevo (GEVO).

What is Ocean Power Technologies' stock symbol?

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

Who are Ocean Power Technologies' major shareholders?

Ocean Power Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.85%), Bailard Inc. (0.29%), Millennium Management LLC (0.11%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

How do I buy shares of Ocean Power Technologies?

Shares of OPTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ocean Power Technologies' stock price today?

One share of OPTT stock can currently be purchased for approximately $0.52.

How much money does Ocean Power Technologies make?

Ocean Power Technologies (NASDAQ:OPTT) has a market capitalization of $29.22 million and generates $2.51 million in revenue each year. The energy company earns $-18,870,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis.

How can I contact Ocean Power Technologies?

Ocean Power Technologies' mailing address is 28 ENGELHARD DRIVE SUITE B, MONROE TOWNSHIP NJ, 08831. The official website for the company is www.oceanpowertechnologies.com. The energy company can be reached via phone at (609) 730-0400, via email at investorrelations@oceanpowertech.com, or via fax at 609-730-0404.

This page (NASDAQ:OPTT) was last updated on 3/28/2023 by MarketBeat.com Staff