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NASDAQ:OPTTOcean Power Technologies Stock Price, Forecast & News

$0.48
+0.03 (+6.61 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$0.45
Now: $0.48
$0.65
50-Day Range
$0.36
MA: $0.42
$0.51
52-Week Range
$0.33
Now: $0.48
$2.58
Volume10.06 million shs
Average Volume711,566 shs
Market Capitalization$4.48 million
P/E RatioN/A
Dividend YieldN/A
Beta2.52
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.
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Beat the Market (BTM) Rank

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

Industry Electric services
Sub-IndustryN/A
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-880.41%

Miscellaneous

EmployeesN/A
Market Cap$4.48 million
Next Earnings Date7/27/2020 (Estimated)
OptionableNot Optionable

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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?

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 Director
  • Matthew T. Shafer, CFO, Treasurer, Principal Accounting Officer & VP
  • Matthew May, Vice President-Global Business Development
  • John 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

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