Ocean Power Technologies, Inc. (OPTT): Price and Financial Metrics
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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.
OPTT Stock Price Chart Interactive Chart >
OPTT Price/Volume Stats
|Current price||$2.31||52-week high||$7.30|
|Prev. close||$2.37||52-week low||$0.65|
|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.
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
Despite the ebb and flow of the pandemic disrupting the sector, energy stocks of all stripes could be due for a sizable run up.
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
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.
Renewable energy stocks took a sizable hit due to a sentiment shift following the Texas storm, but now they’re making a comeback.
OPTT Price Returns
Continue Researching OPTTHere 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