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


Ocean Power Technologies, Inc. (OPTT): $0.66

0.02 (+3.12%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Water


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OPTT POWR Grades

  • OPTT scores best on the Stability dimension, with a Stability rank ahead of 36.52% of US stocks.
  • OPTT's strongest trending metric is Value; it's been moving down over the last 178 days.
  • OPTT ranks lowest in Quality; there it ranks in the 3rd percentile.

OPTT Stock Summary

  • Of note is the ratio of OCEAN POWER TECHNOLOGIES INC's sales and general administrative expense to its total operating expenses; 98.47% of US stocks have a lower such ratio.
  • With a price/sales ratio of 16.26, OCEAN POWER TECHNOLOGIES INC has a higher such ratio than 93.16% of stocks in our set.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 1.06 for OCEAN POWER TECHNOLOGIES INC; that's greater than it is for just 7.26% of US stocks.
  • If you're looking for stocks that are quantitatively similar to OCEAN POWER TECHNOLOGIES INC, a group of peers worth examining would be AXR, INUV, ORN, SKY, and WIRE.
  • 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

  • In comparison to the median Industrials stock, OPTT's price/earnings ratio is 107.84% lower, now standing at -1.6.
  • OPTT's price/sales ratio has moved down 85.3 over the prior 190 months.

Below are key valuation metrics over time for OPTT.

Stock Date P/S P/B P/E EV/EBIT
OPTT 2022-11-30 15.9 0.6 -1.6 -1.2
OPTT 2022-11-29 15.8 0.5 -1.6 -1.1
OPTT 2022-11-28 16.0 0.6 -1.6 -1.2
OPTT 2022-11-25 16.4 0.6 -1.7 -1.2
OPTT 2022-11-23 16.3 0.6 -1.7 -1.2
OPTT 2022-11-22 16.3 0.6 -1.7 -1.2

OPTT Growth Metrics

    Its 5 year net income to common stockholders growth rate is now at 4.96%.
  • Its 5 year cash and equivalents growth rate is now at -6.14%.
  • Its 2 year net income to common stockholders growth rate is now at -82.32%.
Over the past 67 months, OPTT's revenue has gone up $1,508,108.

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
2022-06-30 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
2021-03-31 1.206 -11.674 -14.76

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

OPTT Stock Price Chart Interactive Chart >

Price chart for OPTT

OPTT Price/Volume Stats

Current price $0.66 52-week high $2.06
Prev. close $0.64 52-week low $0.50
Day low $0.63 Volume 88,000
Day high $0.67 Avg. volume 501,656
50-day MA $0.75 Dividend yield N/A
200-day MA $0.97 Market Cap 36.93M

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 to Participate in the LD Micro Main Event XV Conference

MONROE TOWNSHIP, N.J., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Philipp Stratmann, Chief Executive Officer, will participate in the LD Micro Main Event XV Conference. The conference will take place October 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Los Angeles, CA, and feature over 200 notable microcap

Yahoo | October 11, 2022

Ocean Power Technologies Awarded Contract with Department of Homeland Security Science and Technology Directorate on Maritime Domain Awareness – Sensors (MDA-S) Initiative

Image 1 OPT’s PB3 PowerBuoy® equipped with proprietary Maritime Domain Awareness solution. MONROE TOWNSHIP, N.J., Oct. 05, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, has been selected for a $529,025 procurement by Amentum Services. OPT was awarded the procurement to assist Amentum in providing the Department of Defense (DoD) Infor

Yahoo | October 5, 2022

CORRECTION -- Ocean Power Technologies, Inc.

MONROE TOWNSHIP, N.J., Sept. 13, 2022 (GLOBE NEWSWIRE) -- In a release issued on Monday, September 12 by Ocean Power Technologies, Inc. (NYSE American: OPTT), please note that the headline should have read "Fiscal 2023" and not "Fiscal 2022". The complete and corrected release follows: Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2023 Results Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine

Yahoo | September 13, 2022

Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2022 Results

MONROE TOWNSHIP, N.J., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced financial results for its first quarter ended July 31, 2022. 1Q23 HIGHLIGHTS: Revenues increased to $714,000 in 1Q23, as compared to $272,000 in 1Q22.Selected by the U.S. Department of Energy (DOE) for the Phase II development of a next-gen

Yahoo | September 12, 2022

Ocean Power Technologies to Participate in the H.C. Wainwright & Co. 24th Annual Global Investment Conference

MONROE TOWNSHIP, N.J., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that Bob Powers, Chief Financial Officer, will participate in the H.C. Wainwright & Co. 24th Annual Global Investment Conference. The hybrid conference will take place September 12-14, 2022 at the Lotte New York Palace Hotel and will include virtual a

Yahoo | September 7, 2022

Read More 'OPTT' Stories Here

OPTT Price Returns

1-mo -9.89%
3-mo -32.99%
6-mo -27.47%
1-year -58.75%
3-year -33.84%
5-year -97.18%
YTD -55.41%
2021 -44.98%
2020 209.20%
2019 -87.21%
2018 -69.09%
2017 -62.71%

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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