Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in North America, Europe, Australia, and Asia. It offers PowerBuoy system that is designed to generate power for use independent of the power grid in remote offshore locations. The company focuses on serving public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:OPTT
CUSIPN/A
Phone609-730-0400
Debt
Debt-to-Equity RatioN/A
Current Ratio3.54
Quick Ratio5.06
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$510,000.00
Price / Sales29.36
Cash FlowN/A
Price / CashN/A
Book Value$0.47 per share
Price / Book1.73
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-9,480,000.00
Net Margins-1,306.84%
Return on Equity-83.36%
Return on Assets-65.51%
Miscellaneous
Employees30
Outstanding Shares18,370,000
Market Cap$14.97
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) issued its earnings results on Tuesday, July, 17th. The energy company reported ($0.18) earnings per share for the quarter. The energy company had revenue of $0.22 million for the quarter. Ocean Power Technologies had a negative return on equity of 83.36% and a negative net margin of 1,306.84%. View Ocean Power Technologies' Earnings History.
What is the consensus analysts' recommendation for Ocean Power Technologies?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocean Power Technologies in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
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 Common Stock (ENLAY), Southern (SO), Dominion Energy (D), American Electric Power (AEP), CLP (CLPHY), Edison International (EIX), Tenaga Nasional Bhd (TNABY), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), SSE PLC/S (SSEZY), Korea Electric Power (KEP), FirstEnergy (FE) and Avangrid (AGR).
Who are Ocean Power Technologies' key executives?
Ocean Power Technologies' management team includes the folowing people:
- Mr. George H. Kirby III, Chief Exec. Officer, Pres & Exec. Director (Age 48)
- Mr. Matthew T. Shafer, CFO, VP of Fin. & Treasurer (Age 47)
- John W. Lawrence, Gen. Counsel & Sec.
- Ms. Deborah A. Montagna, VP of Bus. & Product Devel.
- Mr. Christopher Phebus, VP of Engineering
Has Ocean Power Technologies been receiving favorable news coverage?
Press coverage about OPTT stock has been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ocean Power Technologies earned a news sentiment score of 0.12 on Accern's scale. They also gave media headlines about the energy company an impact score of 46.30 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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, Scottrade, Fidelity and Charles Schwab.
What is Ocean Power Technologies' stock price today?
One share of OPTT stock can currently be purchased for approximately $0.8150.
How big of a company is Ocean Power Technologies?
Ocean Power Technologies has a market capitalization of $14.97 million and generates $510,000.00 in revenue each year. Ocean Power Technologies employs 30 workers across the globe.
How can I contact Ocean Power Technologies?
Ocean Power Technologies' mailing address is 28 ENGELHARD DRIVE, 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.
