Ocean Power Technologies (OPTT) concluded trading on Thursday at a closing price of $0.43, with 8.08 million shares of worth about $3.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 166.63% during that period and on April 24, 2025 the price saw a gain of about 5.83%. Currently the company’s common shares owned by public are about 170.00M shares, out of which, 153.13M shares are available for trading.
Stock saw a price change of 5.10% in past 5 days and over the past one month there was a price change of -21.26%. Year-to-date (YTD), OPTT shares are showing a performance of -58.18% which increased to 128.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.12 but also hit the highest price of $1.75 during that period. The average intraday trading volume for Ocean Power Technologies shares is 6.98 million. The stock is currently trading 5.35% above its 20-day simple moving average (SMA20), while that difference is down -16.35% for SMA50 and it goes to 7.01% higher than SMA200.
Ocean Power Technologies (AMEX: OPTT) currently have 170.00M outstanding shares and institutions hold larger chunk of about 5.18% of that.
The stock has a current market capitalization of $73.39M and its 3Y-monthly beta is at 2.64. It has posted earnings per share of -$0.25 in the same period. It has Quick Ratio of 2.97 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OPTT, volatility over the week remained 8.53% while standing at 12.68% over the month.
Coverage by Ascendiant Capital Markets stated Ocean Power Technologies (OPTT) stock as a Strong buy in their note to investors on May 09, 2013, suggesting a price target of $5 for the stock. Stock get a Buy rating from UBS on March 20, 2008.
