Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 120.84M |
| Revenue (ttm) | 1.16M |
| Net Income (ttm) | -10.78M |
| Shares Out | 33.72M |
| EPS (ttm) | -0.55 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 21 |
| Last Price | $2.29 |
| Previous Close | $2.37 |
| Change ($) | -0.08 |
| Change (%) | -3.38% |
| Day's Open | 2.41 |
| Day's Range | 2.26 - 2.42 |
| Day's Volume | 743,884 |
| 52-Week Range | 0.65 - 7.30 |
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Ocean Power Technologies is finally serious about making money. And that means OPTT stock could grow into its current valuation and then some.
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Turnkey Installation of OPT PowerBuoy® Solution in Chile Turnkey Installation of OPT PowerBuoy® Solution in Chile
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MONROE TOWNSHIP, N.J., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today a...
Study to Utilize PB3 PowerBuoy for 'Remote Zero Carbon Power for Electric Subsea Operations' Project Study to Utilize PB3 PowerBuoy for 'Remote Zero Carbon Power for Electric Subsea Operations' Project
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New Agreement Provides Flexible Access to Funding at a Lower Cost of Capital New Agreement Provides Flexible Access to Funding at a Lower Cost of Capital
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Newly Created Strategic Role Will Execute OPT’s Asia-Pacific Market Expansion Newly Created Strategic Role Will Execute OPT’s Asia-Pacific Market Expansion
Over One-and-a-Half Years of Continuous Unabated Autonomous Wave Energy Conversion Over One-and-a-Half Years of Continuous Unabated Autonomous Wave Energy Conversion
Strategically Situated in the Hub of Global Oil and Gas Operations and Energy Innovation Strategically Situated in the Hub of Global Oil and Gas Operations and Energy Innovation
Modular Subsea Energy Storage as Part of Expanded Solutions for Ocean Electrification Modular Subsea Energy Storage as Part of Expanded Solutions for Ocean Electrification
Scalable PowerBuoy® Surveillance Solution Can Link Multiple Marine Coverage Zones Over Extended Distances Scalable PowerBuoy® Surveillance Solution Can Link Multiple Marine Coverage Zones Over Extended ...
Revenue Increase Over Prior Year, PowerBuoy® Sale and Lease Extension Highlight Fiscal Year
Easily Deployable Offshore Power & Communications Platform Completes Successful Sea Trial Easily Deployable Offshore Power & Communications Platform Completes Successful Sea Trial
MONROE TOWNSHIP, N.J., May 01, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today that it recentl...
Ocean Power Technologies, Modus Seabed Intervention & Saab Seaeye Project Seeks U.S. Government Funding Ocean Power Technologies, Modus Seabed Intervention & Saab Seaeye Project Seeks U.S. Government Fu...
Redeploying the PB3 to an Unmanned Production Platform in the Adriatic Sea Redeploying the PB3 to an Unmanned Production Platform in the Adriatic Sea
Focus on Surveillance Solutions Throughout Southeast Asia Focus on Surveillance Solutions Throughout Southeast Asia
Easily Deployed, Dual Powered Solution Prototyping Underway Easily Deployed, Dual Powered Solution Prototyping Underway
The Ocean Renewable Energy Action Coalition just launched. As a result, is Ocean Power Technologies and OPTT stock worth a look?
MONROE TOWNSHIP. N.J., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NASDAQ: OPTT) a leader in innovative ocean energy solutions, today announced that Jeffrey R. Wiener has joined ...
About OPTT
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote... [Read more...]
| Industry Electrical Equipment & Parts | IPO Date Apr 25, 2007 |
| Stock Exchange NYSEAMERICAN | Ticker Symbol OPTT |
Financial Performance
In 2020, OPTT's revenue was $1.68 million, an increase of 166.14% compared to the previous year's $632,000. Losses were -$10.35 million, -15.47% less than in 2019.