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Ocean Power Technologies Inc, Common Stock

OPTT

ASQ

$0.322

+$0.03

(10.41%)

1D
Industry: Electrical Equipment Sector: Industrials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$36.38M
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
0
Volume info-icon
This is the total number of shares traded during the most recent trading day.
9.47M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
2.19
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$0.12 L
$0.82 H
$0.322

About Ocean Power Technologies Inc, Common Stock

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, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company 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. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. more

Industry: Electrical EquipmentSector: Industrials

Returns

Time FrameOPTTSectorS&P500
1-Week Return-2.77%-1.95%0.2%
1-Month Return92.39%-1.89%2.72%
3-Month Return51.68%3.28%7.31%
6-Month Return119.83%11.27%10.44%
1-Year Return-13.97%21.25%27.53%
3-Year Return-85.07%33.04%30.88%
5-Year Return-65.15%67.04%89.21%
10-Year Return-99.77%146.9%199.95%

Financials

Apr '20Apr '21Apr '22Apr '23Apr '245YR TREND
Total Revenue1.68M1.21M1.76M2.73M5.53M[{"date":"2020-04-30","value":30.44,"profit":true},{"date":"2021-04-30","value":21.83,"profit":true},{"date":"2022-04-30","value":31.84,"profit":true},{"date":"2023-04-30","value":49.45,"profit":true},{"date":"2024-04-30","value":100,"profit":true}]
Cost of Revenue1.79M2.28M1.86M2.50M2.70M[{"date":"2020-04-30","value":66.21,"profit":true},{"date":"2021-04-30","value":84.44,"profit":true},{"date":"2022-04-30","value":68.91,"profit":true},{"date":"2023-04-30","value":92.48,"profit":true},{"date":"2024-04-30","value":100,"profit":true}]
Gross Profit(105.00K)(1.07M)(101.00K)236.00K2.83M[{"date":"2020-04-30","value":-3.72,"profit":false},{"date":"2021-04-30","value":-37.97,"profit":false},{"date":"2022-04-30","value":-3.57,"profit":false},{"date":"2023-04-30","value":8.35,"profit":true},{"date":"2024-04-30","value":100,"profit":true}]
Gross Margin(6.24%)(88.97%)(5.74%)8.64%51.15%[{"date":"2020-04-30","value":-12.2,"profit":false},{"date":"2021-04-30","value":-173.95,"profit":false},{"date":"2022-04-30","value":-11.23,"profit":false},{"date":"2023-04-30","value":16.89,"profit":true},{"date":"2024-04-30","value":100,"profit":true}]
Operating Expenses11.26M12.52M21.51M28.34M32.23M[{"date":"2020-04-30","value":34.94,"profit":true},{"date":"2021-04-30","value":38.84,"profit":true},{"date":"2022-04-30","value":66.75,"profit":true},{"date":"2023-04-30","value":87.93,"profit":true},{"date":"2024-04-30","value":100,"profit":true}]
Operating Income(11.37M)(13.59M)(21.61M)(29.22M)(29.40M)[{"date":"2020-04-30","value":-1136500000,"profit":false},{"date":"2021-04-30","value":-1359200000,"profit":false},{"date":"2022-04-30","value":-2161300000,"profit":false},{"date":"2023-04-30","value":-2921600000,"profit":false},{"date":"2024-04-30","value":-2940300000,"profit":false}]
Total Non-Operating Income/Expense242.00K(1.04M)980.00K3.51M1.47M[{"date":"2020-04-30","value":6.89,"profit":true},{"date":"2021-04-30","value":-29.71,"profit":false},{"date":"2022-04-30","value":27.89,"profit":true},{"date":"2023-04-30","value":100,"profit":true},{"date":"2024-04-30","value":41.72,"profit":true}]
Pre-Tax Income(11.25M)(14.76M)(20.70M)(26.60M)(28.74M)[{"date":"2020-04-30","value":-1124700000,"profit":false},{"date":"2021-04-30","value":-1476000000,"profit":false},{"date":"2022-04-30","value":-2069700000,"profit":false},{"date":"2023-04-30","value":-2660400000,"profit":false},{"date":"2024-04-30","value":-2873700000,"profit":false}]
Income Taxes(895.00K)1.08M(1.82M)(278.00K)(1.25M)[{"date":"2020-04-30","value":-82.49,"profit":false},{"date":"2021-04-30","value":100,"profit":true},{"date":"2022-04-30","value":-168.02,"profit":false},{"date":"2023-04-30","value":-25.62,"profit":false},{"date":"2024-04-30","value":-115.58,"profit":false}]
Income After Taxes(10.35M)(15.85M)(18.87M)(26.33M)(27.48M)[{"date":"2020-04-30","value":-1035200000,"profit":false},{"date":"2021-04-30","value":-1584500000,"profit":false},{"date":"2022-04-30","value":-1887400000,"profit":false},{"date":"2023-04-30","value":-2632600000,"profit":false},{"date":"2024-04-30","value":-2748300000,"profit":false}]
Income From Continuous Operations(10.35M)(14.76M)(18.87M)(26.33M)(27.48M)[{"date":"2020-04-30","value":-1035200000,"profit":false},{"date":"2021-04-30","value":-1476000000,"profit":false},{"date":"2022-04-30","value":-1887400000,"profit":false},{"date":"2023-04-30","value":-2632600000,"profit":false},{"date":"2024-04-30","value":-2748300000,"profit":false}]
Income From Discontinued Operations-----[{"date":"2020-04-30","value":"-","profit":true},{"date":"2021-04-30","value":"-","profit":true},{"date":"2022-04-30","value":"-","profit":true},{"date":"2023-04-30","value":"-","profit":true},{"date":"2024-04-30","value":"-","profit":true}]
Net Income(10.35M)(15.85M)(18.87M)(26.33M)(27.48M)[{"date":"2020-04-30","value":-1035200000,"profit":false},{"date":"2021-04-30","value":-1584500000,"profit":false},{"date":"2022-04-30","value":-1887400000,"profit":false},{"date":"2023-04-30","value":-2632600000,"profit":false},{"date":"2024-04-30","value":-2748300000,"profit":false}]
EPS (Diluted)(0.56)(0.51)(0.47)(0.47)(0.47)[{"date":"2020-04-30","value":-56,"profit":false},{"date":"2021-04-30","value":-51,"profit":false},{"date":"2022-04-30","value":-47,"profit":false},{"date":"2023-04-30","value":-46.88,"profit":false},{"date":"2024-04-30","value":-46.56,"profit":false}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

OPTT
Cash Ratio 0.62
Current Ratio 2.16
Quick Ratio 1.05

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

OPTT
ROA (LTM) -44.14%
ROE (LTM) -81.80%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

OPTT
Debt Ratio Lower is generally better. Negative is bad. 0.24
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.76

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

OPTT
Trailing PE NM
Forward PE NM
P/S (TTM) 6.55
P/B 1.90
Price/FCF NM
EV/R 5.98
EV/Ebitda NM
PEG NM

FAQs

What is Ocean Power Technologies Inc share price today?

Ocean Power Technologies Inc (OPTT) share price today is $0.322

Can Indians buy Ocean Power Technologies Inc shares?

Yes, Indians can buy shares of Ocean Power Technologies Inc (OPTT) on Vested. To buy Ocean Power Technologies Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in OPTT stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Ocean Power Technologies Inc be purchased?

Yes, you can purchase fractional shares of Ocean Power Technologies Inc (OPTT) via the Vested app. You can start investing in Ocean Power Technologies Inc (OPTT) with a minimum investment of $1.

How to invest in Ocean Power Technologies Inc shares from India?

You can invest in shares of Ocean Power Technologies Inc (OPTT) via Vested in three simple steps:

  • Click on Sign Up or Invest in OPTT stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Ocean Power Technologies Inc shares
What is Ocean Power Technologies Inc 52-week high and low stock price?

The 52-week high price of Ocean Power Technologies Inc (OPTT) is $0.82. The 52-week low price of Ocean Power Technologies Inc (OPTT) is $0.12.

What is Ocean Power Technologies Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Ocean Power Technologies Inc (OPTT) is

What is Ocean Power Technologies Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Ocean Power Technologies Inc (OPTT) is 1.90

What is Ocean Power Technologies Inc dividend yield?

The dividend yield of Ocean Power Technologies Inc (OPTT) is 0.00%

What is the Market Cap of Ocean Power Technologies Inc?

The market capitalization of Ocean Power Technologies Inc (OPTT) is $36.38M

What is Ocean Power Technologies Inc’s stock symbol?

The stock symbol (or ticker) of Ocean Power Technologies Inc is OPTT

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