OPTT vs. WAVE, HLGN, HGAS, VVPR, HUSA, ROCG, ISUN, SPI, MARPS, and MTR
Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Eco Wave Power Global AB (publ) (WAVE), Heliogen (HLGN), Global Gas (HGAS), VivoPower International (VVPR), Houston American Energy (HUSA), Roth CH Acquisition IV (ROCG), iSun (ISUN), SPI Energy (SPI), Marine Petroleum Trust (MARPS), and Mesa Royalty Trust (MTR). These companies are all part of the "oils/energy" sector.
Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, community ranking, profitability, dividends, analyst recommendations, media sentiment, institutional ownership, earnings and risk.
0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are held by company insiders. Comparatively, 0.9% of Ocean Power Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.
Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than Ocean Power Technologies. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Ocean Power Technologies, indicating that it is currently the more affordable of the two stocks.
In the previous week, Ocean Power Technologies had 5 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 5 mentions for Ocean Power Technologies and 0 mentions for Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ)'s average media sentiment score of 0.70 beat Ocean Power Technologies' score of 0.00 indicating that Ocean Power Technologies is being referred to more favorably in the news media.
Eco Wave Power Global AB (publ) has a beta of -0.21, meaning that its stock price is 121% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.03, meaning that its stock price is 103% more volatile than the S&P 500.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Eco Wave Power Global AB (publ)'s net margin of -614.25%. Ocean Power Technologies' return on equity of -20.32% beat Eco Wave Power Global AB (publ)'s return on equity.
Summary
Eco Wave Power Global AB (publ) and Ocean Power Technologies tied by winning 7 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OPTT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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