Ocean Power Technologies, Inc. (OPTT): Price and Financial Metrics
OPTT Price/Volume Stats
| Current price | $0.60 | 52-week high | $1.49 |
| Prev. close | $0.66 | 52-week low | $0.44 |
| Day low | $0.58 | Volume | 255,000 |
| Day high | $0.67 | Avg. volume | 167,824 |
| 50-day MA | $0.53 | Dividend yield | N/A |
| 200-day MA | $0.67 | Market Cap | 33.97M |
OPTT Stock Price Chart Interactive Chart >
OPTT Stock Summary
- Of note is the ratio of OCEAN POWER TECHNOLOGIES INC's sales and general administrative expense to its total operating expenses; 99.55% of US stocks have a lower such ratio.
- For OPTT, its debt to operating expenses ratio is greater than that reported by merely 6.98% of US equities we're observing.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 1.09 for OCEAN POWER TECHNOLOGIES INC; that's greater than it is for merely 8.34% of US stocks.
- Stocks that are quantitatively similar to OPTT, based on their financial statements, market capitalization, and price volatility, are EBF, MATX, FDP, TWIN, and AMWD.
- Visit OPTT's SEC page to see the company's official filings. To visit the company's web site, go to www.oceanpowertechnologies.com.
OPTT Valuation Summary
- OPTT's price/earnings ratio is -1.3; this is 107.1% lower than that of the median Industrials stock.
- OPTT's price/sales ratio has moved down 89.8 over the prior 196 months.
Below are key valuation metrics over time for OPTT.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| OPTT | 2023-05-19 | 11.4 | 0.5 | -1.3 | -0.8 |
| OPTT | 2023-05-18 | 11.4 | 0.5 | -1.3 | -0.8 |
| OPTT | 2023-05-17 | 11.6 | 0.6 | -1.3 | -0.8 |
| OPTT | 2023-05-16 | 11.3 | 0.5 | -1.3 | -0.8 |
| OPTT | 2023-05-15 | 11.3 | 0.5 | -1.3 | -0.8 |
| OPTT | 2023-05-12 | 11.2 | 0.5 | -1.3 | -0.7 |
OPTT Growth Metrics
- Its 5 year net cashflow from operations growth rate is now at -5.39%.
- Its 3 year net cashflow from operations growth rate is now at -75.42%.
- The 5 year revenue growth rate now stands at 99.53%.
The table below shows OPTT's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 2.257 | -21.922 | -21.32 |
| 2022-06-30 | 2.201 | -21.101 | -21.647 |
| 2022-03-31 | 1.759 | -21.296 | -18.874 |
| 2021-12-31 | 1.605 | -18.936 | -18.921 |
| 2021-09-30 | 1.438 | -16.367 | -16.601 |
| 2021-06-30 | 1.309 | -14.224 | -14.454 |
OPTT's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- OPTT has a Quality Grade of F, ranking ahead of 2.61% of graded US stocks.
- OPTT's asset turnover comes in at 0.019 -- ranking 103rd of 105 Utilities stocks.
- WTRG, TRGP, and ENBL are the stocks whose asset turnover ratios are most correlated with OPTT.
The table below shows OPTT's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-07-31 | 0.019 | -0.809 | -12.960 |
| 2021-04-30 | 0.024 | -0.890 | -10.616 |
| 2021-01-31 | 0.036 | -0.472 | -6.030 |
| 2020-10-31 | 0.104 | -0.077 | -5.845 |
| 2020-07-31 | 0.116 | -0.064 | -5.760 |
| 2020-04-30 | 0.115 | -0.062 | -5.486 |
Ocean Power Technologies, Inc. (OPTT) Company Bio
Ocean Power Technologies, Inc. manufactures equipment that generates electricity from the motion of ocean waves. The Company develops wave energy technology and converts ocean waves energy into electricity. Ocean Power Technologies serves customers worldwide.
Latest OPTT News From Around the Web
Below are the latest news stories about OCEAN POWER TECHNOLOGIES INC that investors may wish to consider to help them evaluate OPTT as an investment opportunity.
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Ocean Power Technologies, Inc. to Participate in Water Tower Fireside Chat SeriesLive Presentation on April 28, 2023, at 11:00 am ETMONROE TOWNSHIP, N.J., April 27, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative, cost-effective, and autonomous low-carbon marine data, power, and consulting service solutions, today announced Matt Burdyny, Vice President, Global Sales & Marketing, will be participating in the Water Tower Research Fireside Chat Series on April 28, 2023, at 11:00 am ET. This event is |
Ocean Power Technologies Signs $0.5M Extension to Provide WAM-V® 22 for ongoing Activities OverseasOPT's WAM-V® 22 Autonomous Surface Vehicle (ASV) will Continue Supporting a US Government Agency, Securing Recurring RevenuesMONROE TOWNSHIP, N.J., April 21, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative, cost-effective, and autonomous low-carbon marine data, power, and consulting service solutions, is pleased to announce a $0.5M extension of its contract to continue providing their WAM-V® 22 Autonomous Surface Vehi |
OPT deployment of next-generation Wave Energy Converter Buoys opens new chapter for customersOcean Power Technologies Inc (OPT) CEO Philipp Stratmann joins Natalie Stoberman from the Proactive newsroom to share how the latest deployment of next-generation Wave Energy Converter (WEC) Buoys ... |
OPTT Price Returns
| 1-mo | 15.43% |
| 3-mo | 9.09% |
| 6-mo | 1.69% |
| 1-year | -34.07% |
| 3-year | -7.69% |
| 5-year | -97.30% |
| YTD | 33.30% |
| 2022 | -69.59% |
| 2021 | -44.98% |
| 2020 | 209.20% |
| 2019 | -87.21% |
| 2018 | -69.09% |
Continue Researching OPTT
Here are a few links from around the web to help you further your research on Ocean Power Technologies Inc's stock as an investment opportunity:Ocean Power Technologies Inc (OPTT) Stock Price | Nasdaq
Ocean Power Technologies Inc (OPTT) Stock Quote, History and News - Yahoo Finance
Ocean Power Technologies Inc (OPTT) Stock Price and Basic Information | MarketWatch
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