Home » Stocks » OPTT

Ocean Power Technologies, Inc. (OPTT)

Stock Price: $2.29 USD -0.08 (-3.38%)
Updated Jun 21, 2021 12:17 PM EDT - Market open
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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As billionaires bet big on fossil fuel alternatives, these seven uranium and clean energy stocks could get a considerable boost. The post 7 Clean Energy Stocks to Buy as Buffett and Gates Make a Nuclear...

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1 week ago - PennyStocks

MONROE TOWNSHIP, N.J., June 08, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, announc...

1 week ago - GlobeNewsWire

Penny stocks are always a gamble, but these companies represent a gamble you can feel good about, even if not all of them pay off. The post 7 of the Best Green Penny Stocks to Play the Renewable Energy ...

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2 weeks ago - InvestorPlace

Renewable energy stocks took a sizable hit due to a sentiment shift following the Texas storm, but now they're making a comeback. The post 7 Renewable Energy Stocks Worth Their Weight in Green appeared ...

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2 weeks ago - InvestorPlace

MONROE TOWNSHIP, N.J., May 12, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today an...

1 month ago - GlobeNewsWire

Finding tech penny stocks can be challenging; here's 3 for some watchlist inspiration The post Top Tech Penny Stocks to Buy This Year? One Up 102% YTD appeared first on Penny Stocks to Buy, Picks, News ...

Other stocks mentioned: CCO, VISL
1 month ago - PennyStocks

MONROE TOWNSHIP, N.J., April 22, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today ...

1 month ago - GlobeNewsWire

Energy penny stocks are in focus; which 3 should you watch? The post 3 Energy Penny Stocks to Watch This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Other stocks mentioned: ABML, HYSR
1 month ago - PennyStocks

There's no denying that OPTT stock is a speculative venture. But if you can handle the risk, there's a compelling narrative here.

2 months ago - InvestorPlace

Ocean Power Technologies is finally serious about making money. And that means OPTT stock could grow into its current valuation and then some.

2 months ago - InvestorPlace

These seven renewable energy stocks, mainly solar and wind entities, are well-positioned to benefit from a multi-year industry tailwind. The post 7 Renewable Energy Stocks That Are Powering the Future a...

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3 months ago - InvestorPlace

Investor Conference Call and Webcast on March 9, 2020, at 11:00 A.M. ET Investor Conference Call and Webcast on March 9, 2020, at 11:00 A.M. ET

3 months ago - GlobeNewsWire

Due to the devastation caused by the Texas winter storm, energy stocks have taken on more attention. Here are the names that could move higher off this crisis.

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3 months ago - InvestorPlace

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4 months ago - InvestorPlace

One of the counterintuitive dynamics of the pandemic-disrupted year in 2020 was the rise of Wall Street. But that doesn't mean you've missed the boat, as these stocks under $10 demonstrate.

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4 months ago - InvestorPlace

Hewlett, Purcel & Slaiby Elected as Independent Directors Hewlett, Purcel & Slaiby Elected as Independent Directors

5 months ago - GlobeNewsWire

The markets are a tricky place to navigate in this second wave of the pandemic, so your best hope could be in game-changing stocks. The post 8 Game-Changing Stocks to Buy for Upside and Innovation appea...

Other stocks mentioned: AAXN, FUJIY, KTOS, LMND, PYPL, CYBQY, EATBF ...
6 months ago - InvestorPlace

Investor Conference Call and Webcast on December 8, 2020, at 11:00 A.M. ET Investor Conference Call and Webcast on December 8, 2020, at 11:00 A.M. ET

6 months ago - GlobeNewsWire

Turnkey Installation of OPT PowerBuoy® Solution in Chile Turnkey Installation of OPT PowerBuoy® Solution in Chile

6 months ago - GlobeNewsWire

President-elect Joe Biden doesn't just represent a political rethink but rather, an environmental one. Therefore, these renewable energy stocks should be on your radar.

Other stocks mentioned: BE, BEP, CSIQ, ENPH, NEE, REGI
6 months ago - InvestorPlace

Shares of renewable energy stocks are soaring after President Donald Trump said he will begin the transition to President-elect Joe Biden. The post Renewable Energy Stocks: Why FCEL, FTEK and OPTT Are S...

Other stocks mentioned: FCEL, FTEK
6 months ago - InvestorPlace

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...

6 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

Thanks to relationships with the U.S. Navy and goventment contractors, Ocean Power Technologies and OPTT stock could enjoy handsome rewards. The post OPTT Stock Floats an Ocean of Possibilities appeared...

7 months ago - InvestorPlace

In light of a business connection to none other than the U.S. Navy, the argument for OPTT stock as a defense-tech winner remains compelling. The post Navy Subcontract Should Propel Ocean Power Technolog...

7 months ago - InvestorPlace

If Ocean Power Technologies' product is special, why hasn't General Electric acquired it? OPTT stock is trading less than $2 for a reason.

7 months ago - InvestorPlace

Given its poor financials and history of underperformance, OPTT stock is not for the faint of heart. But the contrarian speculator may see future value in this green energy investment.

7 months ago - InvestorPlace

Get ready for more investments pouring into alternative and greener energy technologies, but the future for OPTT stock has other challenges. The post How Good Is the Surf in Ocean Power Technologies Stock?

7 months ago - InvestorPlace

Give OPTT stock a try for exposure to a variety of compelling investment opportunities in the fascinating clean energy space. The post Ocean Power Technologies Will Sail Further on Renewable Energy Move...

8 months ago - InvestorPlace

Investors appear to be over the moon Wednesday as shares of three alternative energy firms were absolutely soaring.

Other stocks mentioned: SUNW, PECK
8 months ago - 24/7 Wall Street

Shares of Ocean Power Technologies Inc. OPTT, +34.16% charged 34% higher in very active trading, to keep its recent big rally going, although the provider of electric power and data communications for r...

8 months ago - Market Watch

Ocean Power Technologies (OPTT) is seeing a massive spike in its stock on Monday and we have what investors need to know about it. The post Ocean Power Technologies: 14 Things to Know About OPTT Stock a...

8 months ago - InvestorPlace

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

9 months ago - GlobeNewsWire

Investor Conference Call and Webcast on September 15, 2020, at 11:00 A.M. ET Investor Conference Call and Webcast on September 15, 2020, at 11:00 A.M. ET

9 months ago - GlobeNewsWire

Newly Created Strategic Role Will Execute OPT’s Asia-Pacific Market Expansion Newly Created Strategic Role Will Execute OPT’s Asia-Pacific Market Expansion

9 months ago - GlobeNewsWire

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

10 months ago - GlobeNewsWire

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

10 months ago - GlobeNewsWire

Modular Subsea Energy Storage as Part of Expanded Solutions for Ocean Electrification Modular Subsea Energy Storage as Part of Expanded Solutions for Ocean Electrification

10 months ago - GlobeNewsWire

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 ...

11 months ago - GlobeNewsWire

Revenue Increase Over Prior Year, PowerBuoy® Sale and Lease Extension Highlight Fiscal Year

11 months ago - GlobeNewsWire

Easily Deployable Offshore Power & Communications Platform Completes Successful Sea Trial Easily Deployable Offshore Power & Communications Platform Completes Successful Sea Trial

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Redeploying the PB3 to an Unmanned Production Platform in the Adriatic Sea Redeploying the PB3 to an Unmanned Production Platform in the Adriatic Sea

1 year ago - GlobeNewsWire

Focus on Surveillance Solutions Throughout Southeast Asia Focus on Surveillance Solutions Throughout Southeast Asia

1 year ago - GlobeNewsWire

Easily Deployed, Dual Powered Solution Prototyping Underway Easily Deployed, Dual Powered Solution Prototyping Underway

1 year ago - GlobeNewsWire

The Ocean Renewable Energy Action Coalition just launched. As a result, is Ocean Power Technologies and OPTT stock worth a look?

1 year ago - InvestorPlace

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 ...

1 year ago - GlobeNewsWire

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
Full Company Profile

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.

Financial Statements