Ocean Power Technologies, Inc. (OPTT): Price and Financial Metrics


Ocean Power Technologies, Inc. (OPTT): $2.31

-0.06 (-2.53%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Water


Ranked

of 13

in industry

OPTT POWR Grades


  • OPTT scores best on the Momentum dimension, with a Momentum rank ahead of 96.67% of US stocks.
  • The strongest trend for OPTT is in Growth, which has been heading down over the past 31 weeks.
  • OPTT ranks lowest in Stability; there it ranks in the 1st percentile.

OPTT Stock Summary

  • OPTT's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 11,975.7 -- higher than 99.78% of US-listed equities with positive expected earnings growth.
  • With a price/sales ratio of 104.62, Ocean Power Technologies Inc has a higher such ratio than 96.57% of stocks in our set.
  • Ocean Power Technologies Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -66.27%, greater than the shareholder yield of just 3.45% of stocks in our set.
  • Stocks that are quantitatively similar to OPTT, based on their financial statements, market capitalization, and price volatility, are IDCC, TRU, YORW, OLED, and ACH.
  • OPTT's SEC filings can be seen here. And to visit Ocean Power Technologies Inc's official web site, go to www.oceanpowertechnologies.com.

OPTT Valuation Summary


  • OPTT's EV/EBIT ratio is -4; this is 116.13% lower than that of the median Industrials stock.
  • OPTT's price/sales ratio has moved up $7.4 over the prior 172 months.

Below are key valuation metrics over time for OPTT.

Stock Date P/S P/B P/E EV/EBIT
OPTT 2020-08-11 11.3 1.8 -1.8 -0.8
OPTT 2020-07-20 6.9 1.1 -1.1 -0.2
OPTT 2018-03-08 38.4 1.5 -2.2 -0.6
OPTT 2014-03-05 25.1 3.7 -4.4 -3.1
OPTT 2009-05-29 16.4 0.9 -3.7 -2.7
OPTT 2007-11-13 70.8 1.6 -18.6 -6.0

OPTT Stock Price Chart Interactive Chart >

Price chart for OPTT

OPTT Price/Volume Stats

Current price $2.31 52-week high $7.30
Prev. close $2.37 52-week low $0.65
Day low $2.30 Volume 472,681
Day high $2.36 Avg. volume 6,028,713
50-day MA $2.39 Dividend yield N/A
200-day MA $2.68 Market Cap 117.78M

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.


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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.

Ocean Power Technologies Announces Executive Management Changes

Philipp Stratmann Appointed as President and CEO, and Matthew Shafer Promoted to Senior Vice President, CFO and Treasurer MONROE TOWNSHIP, N.J., June 21, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low carbon ocean energy solutions, today announced that its Board of Directors appointed Philipp Stratmann as its new President and Chief Executive Officer (CEO), and a Director. Mr. Stratmann previou

Yahoo | June 21, 2021

7 Energy Stocks to Buy for Double-Digit Upside in the Next Year

Despite the ebb and flow of the pandemic disrupting the sector, energy stocks of all stripes could be due for a sizable run up.

Josh Enomoto on InvestorPlace | June 14, 2021

Wave Energy Market Foreseen to Grow Exponentially by 2028 - AWS Ocean Energy, Eco Wave Power, Limerick Wave, Ocean Power Technologies, OCEANENERGY and WAVE SWELL

Worldwide Wave Energy Market Analysis to 2028 is a specialized and in-depth study of the Wave Energy Industry with a focus on the global market trend. The report aims to provide an overview of global Wave Energy Market with detailed

OpenPR | June 9, 2021

Ocean Power Technologies Announces Planned Transfer of Nasdaq Listing to NYSE American Stock Exchange

MONROE TOWNSHIP, N.J., June 08, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it will change its listing from the Nasdaq Capital Market to the NYSE American stock exchange.

Intrado Digital Media | June 8, 2021

7 Renewable Energy Stocks Worth Their Weight in Green

Renewable energy stocks took a sizable hit due to a sentiment shift following the Texas storm, but now they’re making a comeback.

Josh Enomoto on InvestorPlace | June 2, 2021

Read More 'OPTT' Stories Here

OPTT Price Returns

1-mo 3.59%
3-mo -19.23%
6-mo -25.72%
1-year 197.34%
3-year -89.15%
5-year -96.21%
YTD -14.13%
2020 209.20%
2019 -87.21%
2018 -69.09%
2017 -62.71%
2016 40.48%

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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