Ocean Power Technologies (OPTT) concluded trading on Wednesday at a closing price of $0.55, with 5.8 million shares of worth about $3.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.08% during that period and on June 04, 2025 the price saw a gain of about 3.42%. Currently the company’s common shares owned by public are about 170.00M shares, out of which, 153.75M shares are available for trading.
Stock saw a price change of 7.23% in past 5 days and over the past one month there was a price change of 9.73%. Year-to-date (YTD), OPTT shares are showing a performance of -46.04% which increased to 205.44% 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 4.41 million. The stock is currently trading 6.26% above its 20-day simple moving average (SMA20), while that difference is up 19.77% for SMA50 and it goes to 28.77% higher than SMA200.
Ocean Power Technologies (AMEX: OPTT) currently have 170.00M outstanding shares and institutions hold larger chunk of about 8.21% of that.
The stock has a current market capitalization of $95.08M and its 3Y-monthly beta is at 2.66. 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 5.78% while standing at 5.81% over the month.
Analysts are in expectations that Ocean Power Technologies (OPTT) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same.
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.
