How have OPTT shares performed in 2024?

Ocean Power Technologies' stock was trading at $0.3160 at the beginning of the year. Since then, OPTT shares have decreased by 43.4% and is now trading at $0.1787. View the best growth stocks for 2024 here .

How were Ocean Power Technologies' earnings last quarter?

Ocean Power Technologies, Inc. (NASDAQ:OPTT) issued its quarterly earnings data on Wednesday, March, 13th. The energy company reported ($0.11) earnings per share (EPS) for the quarter. The energy company earned $1.79 million during the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 86.93% and a negative net margin of 614.25%.

What is George Kirby's approval rating as Ocean Power Technologies' CEO?

3 employees have rated Ocean Power Technologies Chief Executive Officer George Kirby on Glassdoor.com . George Kirby has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Ocean Power Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Power Technologies investors own include Advanced Micro Devices (AMD) , Plug Power (PLUG) , FuelCell Energy (FCEL) , iBio (IBIO) , Inovio Pharmaceuticals (INO) , MicroVision (MVIS) , OPKO Health (OPK) , Atossa Therapeutics (ATOS) and Gevo (GEVO) .

How do I buy shares of Ocean Power Technologies?

Shares of OPTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:OPTT

Ocean Power Technologies (OPTT) Stock Price, News & Analysis

→ SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad)

Free OPTT Stock Alerts

$0.18

-0.02 (-10.07%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.18
▼
$0.19
50-Day Range: $0.18
▼
$0.35
52-Week Range: $0.18
▼
$0.77

Volume: 679,784 shs
Average Volume: 510,022 shs
Market Capitalization: $10.63 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get Ocean Power Technologies alerts:

Ad Altimetry

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

Click for my No. 1 investment, all free of charge, click here.

About Ocean Power Technologies Stock (NASDAQ:OPTT)

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Australia, and Asia. It offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. The company also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. It serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

OPTT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OPTT Stock News Headlines

April 17, 2024 | finance.yahoo.com

Ocean Power Technologies looks to expand growth teaming with major defense contractor

April 17, 2024 | proactiveinvestors.com

Ocean Power Technologies to present at NATO Digital Ocean Industry Symposium

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 17, 2024 | globenewswire.com

Ocean Power Technologies Announces Participation in NATO Digital Ocean Industry Symposium

April 16, 2024 | proactiveinvestors.com

Ocean Power Technologies teams up with major defense contractor

April 16, 2024 | globenewswire.com

Ocean Power Technologies Announces Teaming Agreement with Major International Defense Contractor to Deploy Maritime Domain Awareness Solutions

April 12, 2024 | finance.yahoo.com

AI & Technology Hybrid Investor Conference Agenda: Presentations Now Available for Online Viewing

April 9, 2024 | finance.yahoo.com

Ocean Power Technologies teams with Red Cat to provide advanced maritime defence solutions

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 8, 2024 | proactiveinvestors.com

Ocean Power Technologies partners with Red Cat to enhance its maritime platforms

April 8, 2024 | globenewswire.com

Ocean Power Technologies Announces Strategic Alliance with Red Cat for Advanced Maritime Defense Solutions

April 4, 2024 | stockhouse.com

Ocean Power Technologies Announces "Merrows": A Consolidated Solution for Maritime Domain Awareness

April 2, 2024 | proactiveinvestors.com

Ocean Power Technologies unveils new Maritime Domain Awareness solution Merrows

April 2, 2024 | globenewswire.com

Ocean Power Technologies Announces “Merrows”: A Consolidated Solution for Maritime Domain Awareness

March 30, 2024 | money.usnews.com

Ocean Power Technologies - Ordinary Shares - Reg S

March 29, 2024 | proactiveinvestors.com

Ocean Power Technologies rides demand wave for autonomous maritime solutions in Latin America

March 28, 2024 | finanznachrichten.de

Paragon Technologies Inc.: Paragon News Release

March 27, 2024 | finance.yahoo.com

Ocean Power Technologies secures key deal for WAM-V USV's in Latin America

March 26, 2024 | proactiveinvestors.com

Ocean Power Technologies wins $1.5M of orders for WAM-V maritime solution

March 26, 2024 | globenewswire.com

Ocean Power Technologies Secures $1.5 Million in Purchase Orders for WAM-V USV's in Latin America

March 19, 2024 | proactiveinvestors.com

Ocean Power Technologies charts course to profitability with funding injection and order wins

March 16, 2024 | seekingalpha.com

Ocean Power Technologies, Inc. (OPTT) Q3 2024 Earnings Call Transcript

March 16, 2024 | finance.yahoo.com

Ocean Power Technologies, Inc. (AMEX:OPTT) Q3 2024 Earnings Call Transcript

March 14, 2024 | finanznachrichten.de

Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2024 Results

March 13, 2024 | proactiveinvestors.com

Ocean Power Technologies achieves record revenue growth, enhanced margins in fiscal Q3

March 13, 2024 | globenewswire.com

Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2024 Results

February 28, 2024 | finance.yahoo.com

Ocean Power Technologies secure key deal for WAM-V Unmanned surface vehicles

See More Headlines

Receive OPTT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ocean Power Technologies and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 3/13/2024
Today: 4/19/2024
Fiscal Year End: 4/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Electric services
Sub-Industry: N/A
Current Symbol: NASDAQ:OPTT
CUSIP: N/A
CIK: 1378140
Web: www.oceanpowertechnologies.com
Phone: (609) 730-0400
Fax: 609-730-0404
Employees: 72
Year Founded: 1984

Profitability

EPS (Most Recent Fiscal Year): ($0.52)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-26,330,000.00
Net Margins: -614.25%
Pretax Margin: -639.67%
Return on Equity: -86.93%
Return on Assets: -69.96%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.49
Quick Ratio: 2.00

Sales & Book Value

Annual Sales: $2.73 million
Price / Sales: 3.89
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.78 per share
Price / Book: 0.23

Miscellaneous

Outstanding Shares: 59,460,000
Free Float: 58,941,000
Market Cap: $10.63 million
Optionable: Optionable
Beta: 2.03

Social Links

The Next 7 Blockbuster Stocks for Growth Investors

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

Dr. Philipp Stratmann (Age 44)
CEO, President & Director
Comp: $548.58k
Mr. Robert Patrick Powers (Age 53)
Senior VP & CFO
Comp: $390.21k
Mr. Joseph DiPietro (Age 58)
Principal Accounting Officer, Corporate Controller & Treasurer
Comp: $222.78k
Nicholas Day
General Counsel & Secretary
Mr. Jeff Wiener
Vice President of Global Sales
Mr. Matthew Burdyny (Age 41)
Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OPTT Stock Analysis - Frequently Asked Questions

How have OPTT shares performed in 2024?: Ocean Power Technologies' stock was trading at $0.3160 at the beginning of the year. Since then, OPTT shares have decreased by 43.4% and is now trading at $0.1787.
View the best growth stocks for 2024 here.
How were Ocean Power Technologies' earnings last quarter?: Ocean Power Technologies, Inc. (NASDAQ:OPTT) issued its quarterly earnings data on Wednesday, March, 13th. The energy company reported ($0.11) earnings per share (EPS) for the quarter. The energy company earned $1.79 million during the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 86.93% and a negative net margin of 614.25%.
What is George Kirby's approval rating as Ocean Power Technologies' CEO?: 3 employees have rated Ocean Power Technologies Chief Executive Officer George Kirby on Glassdoor.com. George Kirby has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Ocean Power Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Power Technologies investors own include Advanced Micro Devices (AMD), Plug Power (PLUG), FuelCell Energy (FCEL), iBio (IBIO), Inovio Pharmaceuticals (INO), MicroVision (MVIS), OPKO Health (OPK), Atossa Therapeutics (ATOS) and Gevo (GEVO).
How do I buy shares of Ocean Power Technologies?: Shares of OPTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OPTT) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial