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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:OPTT

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

$0.27
0.00 (0.00%)
(As of 03/28/2024 ET)
Today's Range
$0.27
$0.27
50-Day Range
$0.26
$0.35
52-Week Range
$0.25
$0.77
Volume
412,120 shs
Average Volume
364,077 shs
Market Capitalization
$15.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
OPTT stock logo

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

OPTT Stock News Headlines

AI healthcare stock poised for 36,996% growth?
Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...
AI healthcare stock poised for 36,996% growth?
Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...
Ocean Power Jumps on Funding
Ocean Power Technologies Inc.
See More Headlines
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Company Calendar

Last Earnings
3/13/2024
Today
3/28/2024
Fiscal Year End
4/30/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:OPTT
Employees
72
Year Founded
1984

Profitability

Net Income
$-26,330,000.00
Net Margins
-614.25%
Pretax Margin
-639.67%

Debt

Sales & Book Value

Annual Sales
$4.93 million
Book Value
$0.42 per share

Miscellaneous

Free Float
58,941,000
Market Cap
$15.76 million
Optionable
Optionable
Beta
2.03

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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

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 2024. Since then, OPTT shares have decreased by 15.7% and is now trading at $0.2665.
View the best growth stocks for 2024 here
.

How were Ocean Power Technologies' earnings last quarter?

Ocean Power Technologies, Inc. (NASDAQ:OPTT) posted its quarterly earnings data on Wednesday, March, 13th. The energy company reported ($0.11) 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).

Who are Ocean Power Technologies' major shareholders?

Ocean Power Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Bailard Inc. (0.33%), Northern Trust Corp (0.25%), Citadel Advisors LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Peter E Slaiby, Philipp Stratmann and Robert Patrick Powers.
View institutional ownership trends
.

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 3/28/2024 by MarketBeat.com Staff

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