Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 111.74M |
| Revenue (ttm) | 1.31M |
| Net Income (ttm) | -14.45M |
| Shares Out | 52.46M |
| EPS (ttm) | -0.37 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,521,651 |
| Open | 2.29 |
| Previous Close | 2.30 |
| Day's Range | 2.12 - 2.31 |
| 52-Week Range | 0.95 - 7.30 |
| Beta | 2.15 |
| Analysts | n/a |
| Price Target | 6.00 (+181.7%) |
| Est. Earnings Date | Dec 6, 2021 |
About OPTT
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in America, Europe, and Australia. 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 offshore a...
Financial Performance
In 2021, OPTT's revenue was $1.21 million, a decrease of -28.30% compared to the previous year's $1.68 million. Losses were -$14.76 million, 42.6% more than in 2020.
Financial StatementsNews
7 Clean Energy Stocks Trading too Hot at the Moment
Clean energy stocks did well in the first half of the year, but are giving up gains as the oil and gas sector rebounds due to re-openings. The post 7 Clean Energy Stocks Trading too Hot at the Moment ap...
7 Renewable Penny Stocks to Buy for a Climate-Focused World
Penny stocks are for the risk-tolerant, but these cheap plays are for the environmentally conscious investor as well. The post 7 Renewable Penny Stocks to Buy for a Climate-Focused World appeared first ...
Ocean Power Technologies Announces First Quarter Fiscal 2022 Results
Investor Conference Call and Webcast on September 14, 2021, at 11:00 A.M. ET Investor Conference Call and Webcast on September 14, 2021, at 11:00 A.M. ET
US DOE Selects Ocean Power Technologies To Support Development Of Wave Energy Converter Concept
Ocean Power Technologies Inc (NYSE: OPTT) has been selected by the U.S. Department of Energy (DOE) to further the development of a next-generation wave energy converter. The company will receive up to ...
Ocean Power Technologies Announces DOE Award Supporting Development of Next Generation Wave Energy Converter Concept
MONROE TOWNSHIP, N.J., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon ocean energy ...
Top Penny Stocks To Buy Now? 3 Green Energy Stocks For Your List
Best renewable energy penny stocks to buy? Check these small-caps out for your watchlist The post Top Penny Stocks To Buy Now?
Ocean Power Technologies Announces Fourth Quarter and Full-Year Fiscal 2021 Results
Investor Conference Call and Webcast on July 20, 2021, at 11:00 A.M. ET Investor Conference Call and Webcast on July 20, 2021, at 11:00 A.M. ET
7 Penny Stocks That You Need to Know About in July 2021
With July in full swing, which penny stocks are on your watchlist? The post 7 Penny Stocks That You Need to Know About in July 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | P...
9 Top Reddit Penny Stocks For Your Summer 2021 Watchlist
Which penny stocks on Reddit are investors watching right now? Check these 9 out The post 9 Top Reddit Penny Stocks For Your Summer 2021 Watchlist appeared first on Penny Stocks to Buy, Picks, News and ...
8 Reddit Penny Stocks to Watch With Meme Stocks on the Rise
Best penny stocks to watch on Reddit with meme stocks on the rise? Check these 8 out The post 8 Reddit Penny Stocks to Watch With Meme Stocks on the Rise appeared first on Penny Stocks to Buy, Picks, Ne...
Ocean Power Technologies Added to Russell Microcap® Index
MONROE TOWNSHIP, N.J., June 23, 2021 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE American: OPTT), a leader in innovative and cost-effective low carbon ocean energy ...
Ocean Power Technologies Announces Executive Management Changes
Philipp Stratmann Appointed as President and CEO, and Matthew Shafer Promoted to Senior Vice President, CFO and Treasurer
7 Clean Energy Stocks to Buy as Buffett and Gates Make a Nuclear Bet
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...
7 Energy Stocks to Buy for Double-Digit Upside in the Next Year
Despite the ebb and flow of the pandemic disrupting the sector, energy stocks of all stripes could be due for a sizable run up. The post 7 Energy Stocks to Buy for Double-Digit Upside in the Next Year a...
Energy Penny Stocks Are On The Rise; 3 to Watch Under $3
Best energy penny stocks under $3? Check these 3 out The post Energy Penny Stocks Are On The Rise; 3 to Watch Under $3 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Ocean Power Technologies Announces Planned Transfer of Nasdaq Listing to NYSE American Stock Exchange
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...
7 of the Best Green Penny Stocks to Play the Renewable Energy Push
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 ...
7 Renewable Energy Stocks Worth Their Weight in Green
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 ...
Ocean Power Technologies Receives $1 Million of Non-Dilutive Funding Through NJEDA Technology Business Tax Certificat...
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...
Top Tech Penny Stocks to Buy This Year? One Up 102% YTD
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 ...
Ocean Power Technologies Deploys PB3 PowerBuoy® for Enel Green Power in Chile
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 ...
3 Energy Penny Stocks to Watch This Week
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.
Ocean Power Technologies May Be an Aspirational Investment to Believe In
There's no denying that OPTT stock is a speculative venture. But if you can handle the risk, there's a compelling narrative here.
Ocean Power Technologies Might Finally Be Serious About Making Money
Ocean Power Technologies is finally serious about making money. And that means OPTT stock could grow into its current valuation and then some.
7 Renewable Energy Stocks That Are Powering the Future
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...