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


Ocean Power Technologies, Inc. (OPTT): $0.57

0.00 (0.62%)

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


  • Sentiment is the dimension where OPTT ranks best; there it ranks ahead of 28.27% of US stocks.
  • OPTT's strongest trending metric is Momentum; it's been moving down over the last 179 days.
  • OPTT ranks lowest in Quality; there it ranks in the 0th percentile.

OPTT Stock Summary

  • OPTT's price/sales ratio is 52.93; that's higher than the P/S ratio of 96.28% of US stocks.
  • OPTT's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of only 6.5% of US stocks.
  • With a year-over-year growth in debt of -57.46%, Ocean Power Technologies Inc's debt growth rate surpasses only 6% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Ocean Power Technologies Inc are XBIO, AWRE, AKBA, CYRN, and VICR.
  • 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 EV/EBIT ratio is 108.7% lower, now standing at -1.9.
  • OPTT's price/sales ratio has moved down 10.7 over the prior 175 months.
  • OPTT's price/earnings ratio has moved up 18.2 over the prior 175 months.

Below are key valuation metrics over time for OPTT.

Stock Date P/S P/B P/E EV/EBIT
OPTT 2021-09-03 90.5 1.4 -7.4 -1.9
OPTT 2021-09-02 96.1 1.4 -7.9 -2.3
OPTT 2021-09-01 96.1 1.4 -7.9 -2.3
OPTT 2021-08-31 96.6 1.4 -7.9 -2.4
OPTT 2021-08-30 93.5 1.4 -7.6 -2.1
OPTT 2021-08-27 94.9 1.4 -7.8 -2.2

OPTT Growth Metrics

    Its year over year price growth rate is now at 156.1%.
  • Its 5 year net cashflow from operations growth rate is now at 3.21%.
  • Its 3 year revenue growth rate is now at -10.33%.
Over the past 15 months, OPTT's revenue has gone up $42,000.

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
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
2020-12-31 1.155 -10.473 -10.779
2020-09-30 1.563 -9.843 -10.547

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 $0.57 52-week high $3.28
Prev. close $0.56 52-week low $0.50
Day low $0.55 Volume 203,200
Day high $0.58 Avg. volume 611,551
50-day MA $0.88 Dividend yield N/A
200-day MA $1.44 Market Cap 31.72M

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 Report Fiscal Year 2022 Third Quarter Results on Monday, March 14, 2022

MONROE TOWNSHIP, N.J., Feb. 02, 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 it will report its fiscal year 2022 third quarter results for the period ending January 31, 2022, after the market closes on Monday, March 14, 2022. CONFERENCE CALL AND WEBCAST INFORMATIONOPT will host a conference call to discuss the financial re

Yahoo | February 2, 2022

Ocean Power Tech Updates 1 Key Risk Factor

Ocean Power Technologies, Inc. (OPTT) provides marine power, data, and service solutions. OPTT recently reported robust top-line growth for the second quarter. Driven by growth in strategic consulting services, revenue increased to $247,000 from $118,000 in the comparable year-ago period. Higher engineering and product development costs coupled with increased selling, general and administrative (SG&A) expenses widened the net loss of the company to $5.2 million from $3 million a year ago. Furthermore, OPTT has entered into strategic partnerships with Greensea and Fathom5, developers of software and robotics, to advance its proprietary next-generation Maritime Domain Awareness Solution (MDA) platform.

Kailas Salunkhe on TipRanks | December 22, 2021

Will Ocean Power Technologies Inc. (AMEX: OPTT) Stock Boom Or Bust From Here?

During the last session, Ocean Power Technologies Inc. (AMEX:OPTT)s traded shares were 1.62 million, with the beta value of the company hitting 1.70. At the end of the trading day, the stocks price was $1.94, reflecting an intraday gain of 2.11% or $0.04. The 52-week high for the OPTT share is $7.30, that puts it Will Ocean Power Technologies Inc. (AMEX: OPTT) Stock Boom Or Bust From Here? Read More »

Marketing Sentinel | December 17, 2021

Ocean Power Technologies Inc (NYSEAMERICAN:OPTT) acquires MAR

Ocean Power Technologies Inc (NYSEAMERICAN:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, stock fell 3.47% (As on Dec 15,… The post Ocean Power Technologies Inc (NYSEAMERICAN:OPTT) acquires MAR appeared first on FXDailyReport.Com .

FXDailyReport | December 15, 2021

Ocean Power Technologies, Inc. (OPTT) CEO Philipp Stratmann on Q2 2022 Results - Earnings Call Transcript

No summary available.

Seeking Alpha | December 15, 2021

Read More 'OPTT' Stories Here

OPTT Price Returns

1-mo -35.89%
3-mo -58.09%
6-mo -61.49%
1-year -80.74%
3-year -70.16%
5-year -97.89%
YTD -61.49%
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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