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NASDAQ:OPTT - Ocean Power Technologies Stock Price, Forecast & News

$0.85
-0.04 (-4.50 %)
(As of 01/22/2020 04:00 PM ET)
Add
Compare
Today's Range
$0.83
Now: $0.85▼
$0.87
50-Day Range
$0.77
MA: $0.89▼
$1.05
52-Week Range
$0.74
Now: $0.85▼
$16.20
Volume422,843 shs
Average Volume463,040 shs
Market Capitalization$6.42 million
P/E RatioN/A
Dividend YieldN/A
Beta2.8
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

Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:OPTT
Previous Symbol
CUSIPN/A
CIK1378140
Webhttp://www.oceanpowertechnologies.com/
Phone609-730-0400

Debt

Debt-to-Equity Ratio0.11
Current Ratio3.99
Quick Ratio3.99

Price-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 / Sales10.19
Cash FlowN/A
Price / Cash FlowN/A
Book Value$2.91 per share
Price / Book0.29

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-12,250,000.00
Net Margins-1,309.94%
Return on Equity-111.09%
Return on Assets-83.38%

Miscellaneous

EmployeesN/A
Outstanding Shares7,560,000
Market Cap$6.42 million
Next Earnings Date3/9/2020 (Estimated)
OptionableNot Optionable

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NASDAQ:OPTT Rates by TradingView

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) released its earnings results on Monday, December, 9th. The energy company reported ($0.51) earnings per share for the quarter. The energy company earned $0.20 million during the quarter. Ocean Power Technologies had a negative net margin of 1,309.94% and a negative return on equity of 111.09%. 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, March 9th 2020. View Earnings Estimates for Ocean Power Technologies.

Has Ocean Power Technologies been receiving favorable news coverage?

News coverage about OPTT stock has trended positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news 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 media sentiment score of 3.0 on InfoTrie's scale. They also assigned media coverage about the energy company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Ocean 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 Plug Power (PLUG), Atossa Genetics (ATOS), Gevo (GEVO), FuelCell Energy (FCEL), Advanced Micro Devices (AMD), AVEO Pharmaceuticals (AVEO), Capstone Turbine (CPST), MannKind (MNKD), Canopy Growth (CGC) and Cara Therapeutics (CARA).

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 $0.85.

How big of a company is Ocean Power Technologies?

Ocean Power Technologies has a market capitalization of $6.42 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:  2.9 out of 5 (star star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  135 (Vote Underperform)
Total Votes:  318
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 1/22/2020 by MarketBeat.com Staff

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