NASDAQ:OPTTOcean Power Technologies Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ocean Power Technologies Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.48 +0.03 (+6.61 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$0.45Now: $0.48▼$0.6550-Day Range$0.36MA: $0.42▼$0.5152-Week Range$0.33Now: $0.48▼$2.58Volume10.06 million shsAverage Volume711,566 shsMarket Capitalization$4.48 millionP/E RatioN/ADividend YieldN/ABeta2.52 ProfileAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Ocean Power Technologies. Previous Next 2.9 Community Rank Outperform VotesOcean Power Technologies has received 199 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOcean Power Technologies has received 145 “underperform” votes. (Add your “underperform” vote.)Community SentimentOcean Power Technologies has received 57.85% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldOcean Power Technologies does not currently pay a dividend.Dividend GrowthOcean Power Technologies does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ocean Power Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.95% of the stock of Ocean Power Technologies is held by insiders.Percentage Held by InstitutionsOnly 2.20% of the stock of Ocean Power Technologies is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ocean Power Technologies is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ocean Power Technologies is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOcean Power Technologies has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:OPTT Previous Symbol CUSIPN/A CIK1378140 Webwww.oceanpowertechnologies.com Phone609-730-0400Debt Debt-to-Equity Ratio0.12 Current Ratio4.14 Quick Ratio4.14Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$630,000.00 Price / Sales7.11 Cash FlowN/A Price / Cash FlowN/A Book Value$2.91 per share Price / Book0.17Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-12,250,000.00 Net Margins-880.41% Return on Equity-94.77% Return on Assets-73.27%Miscellaneous EmployeesN/A Outstanding Shares9,260,000Market Cap$4.48 million Next Earnings Date7/27/2020 (Estimated) OptionableNot Optionable NASDAQ:OPTT Rates by TradingView Receive OPTT News and Ratings via Email Sign-up to receive the latest news and ratings for OPTT and its competitors with MarketBeat's FREE daily newsletter. Ocean Power Technologies (NASDAQ:OPTT) Frequently Asked Questions How has Ocean Power Technologies' stock been impacted by COVID-19 (Coronavirus)? Ocean Power Technologies' stock was trading at $0.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OPTT shares have decreased by 1.2% and is now trading at $0.4840. View which stocks have been most impacted by Coronavirus. When is Ocean Power Technologies' next earnings date? Ocean Power Technologies is scheduled to release its next quarterly earnings announcement on Monday, July 27th 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 earnings results on Monday, March, 9th. The energy company reported ($0.46) earnings per share (EPS) for the quarter. The energy company had revenue of $0.73 million for the quarter. Ocean Power Technologies had a negative net margin of 880.41% and a negative return on equity of 94.77%. View Ocean Power Technologies' earnings history. Has Ocean Power Technologies been receiving favorable news coverage? News stories about OPTT stock have been trending negative on Saturday, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ocean Power Technologies earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave press coverage about the energy company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutOcean Power Technologies. 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), PPL (PPL), FirstEnergy (FE), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), Fortis (FTS), EDP-Energias de Portugal, S.A (EDPFY) and SSE PLC/S (SSEZY). 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 Gevo (GEVO), Plug Power (PLUG), Atossa Genetics (ATOS), FuelCell Energy (FCEL), Advanced Micro Devices (AMD), AVEO Pharmaceuticals (AVEO), Canopy Growth (CGC), Capstone Turbine (CPST), MannKind (MNKD) and NovaBay Pharmaceuticals (NBY). Who are Ocean Power Technologies' key executives? Ocean Power Technologies' management team includes the following people: George H. Kirby, President, CEO & Executive DirectorMatthew T. Shafer, CFO, Treasurer, Principal Accounting Officer & VPMatthew May, Vice President-Global Business DevelopmentJohn 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 $0.48. How big of a company is Ocean Power Technologies? Ocean Power Technologies has a market capitalization of $4.48 million and generates $630,000.00 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 6/6/2020 by MarketBeat.com Staff
