Disposition of 10889 shares by Robert Powers of Ocean Power subject to Rule 16b-3
| OPTT Stock | USD 1.61 0.50 45.05% |
Slightly above 55% of Ocean Power's private investors are presently thinking to get in. The analysis of overall sentiment of trading Ocean Power Technologies stock suggests that some investors are interested at this time. Ocean Power's investing sentiment can be driven by a variety of factors including economic data, Ocean Power's earnings reports, geopolitical events, and overall market trends.
Ocean |
Filed transaction by Ocean Power Technologies Officer Senior Vp And Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
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Ocean Power Fundamental Analysis
We analyze Ocean Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Ocean Power is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Ocean Power Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ocean Power stock to make a market-neutral strategy. Peer analysis of Ocean Power could also be used in its relative valuation, which is a method of valuing Ocean Power by comparing valuation metrics with similar companies.
Peers
Ocean Power Related Equities
| FCEL | FuelCell Energy | 7.71 | ||||
| IPWR | Ideal Power | 6.32 | ||||
| CBAT | CBAK Energy | 6.12 | ||||
| FLUX | Flux Power | 5.56 | ||||
| PPSI | Pioneer Power | 4.08 | ||||
| GWH | ESS Tech | 2.52 | ||||
| NEOV | NeoVolta Common | 0.18 | ||||
| ENS | Enersys | 0.45 | ||||
| POLA | Polar Power | 1.21 | ||||
| ENVX | Enovix Corp | 1.58 | ||||
| FREY | FREYR Battery | 2.42 | ||||
| EOSEW | Eos Energy | 2.50 | ||||
| EOSE | Eos Energy | 2.65 | ||||
| XPON | Expion360 | 4.95 | ||||
| MVST | Microvast Holdings | 7.11 |
Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.