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Ocean Power Technologies Stock Price, News & Analysis (NASDAQ:OPTT)

$1.58
-0.09 (-5.39 %)
(As of 10/18/2019 04:32 AM ET)
Today's Range
$1.55
Now: $1.58
$1.64
50-Day Range
$1.53
MA: $1.73
$2.09
52-Week Range
$1.36
Now: $1.58
$16.20
Volume159,795 shs
Average Volume511,347 shs
Market Capitalization$9.12 million
P/E RatioN/A
Dividend YieldN/A
Beta3.04
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
Current SymbolNASDAQ:OPTT
CUSIPN/A
Phone609-730-0400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$630,000.00
Book Value$2.91 per share

Profitability

Net Income$-12,250,000.00
Net Margins-1,500.25%

Miscellaneous

EmployeesN/A
Market Cap$9.12 million
Next Earnings Date12/9/2019 (Estimated)
OptionableNot Optionable

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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?

Ocean Power Technologies is scheduled to release their next quarterly earnings announcement on Monday, December 9th 2019. View Earnings Estimates for Ocean Power Technologies.

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?

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 Plug Power (PLUG), Atossa Genetics (ATOS), Gevo (GEVO), Advanced Micro Devices (AMD), Capstone Turbine (CPST), FuelCell Energy (FCEL), MannKind (MNKD), AVEO Pharmaceuticals (AVEO), CTI BioPharma (CTIC) and DryShips (DRYS).

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?

Ocean Power Technologies has a market capitalization of $9.12 million and generates $630,000.00 in revenue each year. View Additional Information About Ocean Power Technologies.

What is Ocean Power Technologies' official website?

The official website for Ocean Power Technologies is http://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]


MarketBeat Community Rating for Ocean Power Technologies (NASDAQ OPTT)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  157 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  279
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.
This page was last updated on 10/18/2019 by MarketBeat.com Staff

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