Ocean Power Technologies Stock Today
| OPTT Stock | USD 0.53 0.06 12.77% |
PerformanceOK
| Odds Of DistressQuite High
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Ocean Power is selling for under 0.53 as of the 23rd of March 2025; that is 12.77 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.46. Ocean Power has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 21st of February 2025 and ending today, the 23rd of March 2025. Click here to learn more.
Business Domain Capital Goods | IPO Date 25th of April 2007 | Category Industrials |
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. The company has 146.04 M outstanding shares of which 3.98 M shares are now shorted by private and institutional investors with about 0.38 trading days to cover. More on Ocean Power Technologies
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Ocean Stock Highlights
| President CEO | Philipp Stratmann | ||||
| Business Concentration | Heavy Electrical Equipment, Specialty Industrial Machinery, Industrials, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsOcean Power can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ocean Power's financial leverage. It provides some insight into what part of Ocean Power's total assets is financed by creditors.
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Ocean Power Technologies (OPTT) is traded on NYSE MKT Exchange in USA. It is located in 28 Engelhard Drive, Monroe Township, NJ, United States, 08831 and employs 43 people. Ocean Power is listed under Heavy Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.31 M. Ocean Power Technologies conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 146.04 M outstanding shares of which 3.98 M shares are now shorted by private and institutional investors with about 0.38 trading days to cover.
Ocean Power Technologies currently holds about 51.9 M in cash with (29.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationOcean Power owns a total of 146.04 Million outstanding shares. Roughly 93.67 pct. of Ocean Power outstanding shares are held by general public with 2.92 % owned by insiders and only 3.41 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Ocean Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Wolverine Trading Llc | 2024-12-31 | 68.4 K | |
| Synovus Financial Corp | 2024-12-31 | 50.5 K | |
| Jane Street Group Llc | 2024-12-31 | 41 K | |
| Penbrook Management Llc | 2024-12-31 | 31.5 K | |
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 31.2 K | |
| Xtx Topco Ltd | 2024-12-31 | 28.7 K | |
| Bank Of New York Mellon Corp | 2024-12-31 | 25.8 K | |
| Lpl Financial Corp | 2024-12-31 | 25.1 K | |
| Commonwealth Equity Services Inc | 2024-12-31 | 20.4 K | |
| Vanguard Group Inc | 2024-12-31 | 3.2 M | |
| Susquehanna International Group, Llp | 2024-12-31 | 2 M |
Ocean Power Historical Income Statement
Ocean Stock Against Markets
Ocean Power Corporate Management
| Matthew Burdyny | Chief Officer | Profile | |
| Nicholas Day | General Secretary | Profile | |
| Jeff Wiener | Vice Sales | Profile | |
| JD CPA | General Secretary | Profile | |
| Joseph DiPietro | Treasurer Controller | Profile |
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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.