OPTT logo

Ocean Power Technologies (OPTT) Company Overview

Profile

Full Name:

Ocean Power Technologies, Inc.

Sector:

Industrials

Industry:

Specialty Industrial Machinery

Country:

United States

IPO:

April 25, 2007

Indexes:

Not included

Website:

http://www.oceanpowertechnologies.com

Description:

Ocean Power Technologies (OPTT) focuses on developing innovative wave energy solutions. The company designs and builds devices that convert ocean waves into clean, renewable energy. Their technology aims to provide sustainable power for various applications, helping to reduce reliance on fossil fuels and combat climate change.

Key Details

Price

$0.51

Market Cap

$74.19 M(Small cap)

Last Dividend

-

TTM Dividend Yield

-

Annual Revenue

$5.53 M(+102.23% YoY)

Annual EPS

-$0.47(0.00% YoY)

PE Ratio

-

Annual ROE

-86.84%

Annual Debt To Equity

0.00

Beta

-

Events Calendar

Earnings

Next earnings date:

Mar 14, 2025

Recent quarterly earnings:

Dec 16, 2024

Recent annual earnings:

Jul 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Mar 12, 2019

Analyst ratings

Recent major analysts updates

Nov 25, 20 Ascendiant Capital
Strong Buy
May 9, 13 Ascendiant Capital
Strong Buy

Screeners with OPTT included

Growing Shares Outstanding
Stocks cheaper than 1 dollar
US stocks
Best performing stocks last 3 months
All stocks
Industrials sector
Small cap stocks
Earnings next week
NYSE American Exchange Companies
Specialty Industrial Machinery industry

Market Data

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Price

Current Price

$0.51
OPTT price is $0.51

Price All-time High

$3652.00
OPTT price is currently -99.99% below its historical high of $3652.00

Price Analysts Target

-
OPTT price consensus analysts' forecast is unknown

Price Most Recent Change

+0.69%
OPTT price was up +0.69% on Mar 8, 2025

Price YTD Change

-50.68%
OPTT price is down -50.68% since January 1st

Price 3-Year Change

-61.8%
OPTT price is down -61.8% over the past 3 years

Market cap

Market Cap

$74.19 M
OPTT market capitalization is $74.19 million

Market Cap 3-Year Change

-0.17%
OPTT market capitalization is down -0.17% over the past 3 years

Market Cap All-time High

$280.46 M
OPTT market capitalization is currently -73.55% below its historical high of $280.46 million

Market Cap Sector Rank

23.41%
OPTT market capitalization is higher than 23.41% of companies in Industrials sector

Technical

Beta

-
OPTT beta value is unknown

200-day SMA

$0.36
OPTT price is currently +41.90% above its 200-day simple moving average

14-day RSI

-
OPTT 14-day relative strength index value is unknown

30-day Relative Volume

0.40
OPTT 30-day relative volume is 0.40

Dividend

Profitability

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Revenue

Annual Revenue

$5.53 M
OPTT annual revenue is $5.53 million

Annual Revenue Analysts Estimate

-
OPTT annual revenue consensus analysts' forecast is unknown

Annual Revenue 1-Year Change

+102.23%
OPTT annual revenue is up +102.23% year-on-year

Annual Revenue Sector Rank

5.38%
OPTT annual revenue is higher than 5.38% of companies in Industrials sector

Profit

Annual Gross Profit

$2.83 M
OPTT annual gross profit is $2.83 million

Annual Gross Margin

51.15%
OPTT annual gross profit margin is 51.15%

Annual Operating Profit

-$29.40 M
OPTT annual operating income is -$29.40 million

Annual Operating Margin

-532.18%
OPTT annual operating profit margin is -532.18%

Annual Net Income

-$27.48 M
OPTT annual net profit is -$27.48 million

Annual Net Margin

-497.43%
OPTT annual net profit margin is -497.43%

EPS

Annual EPS

-$0.47
OPTT annual earnings per share is -$0.47

Annual EPS Analysts Estimate

-
OPTT annual earnings per share consensus analysts' forecast is unknown

Annual EPS 1-Year Change

0%
OPTT {parameterFullLabel} has remained unchanged year-on-year

Annual EPS Sector Rank

23.57%
OPTT annual earnings per share is higher than 23.57% of companies in Industrials sector

ROA & ROE

Annual ROA

-66.97%
OPTT annual return on assets is -66.97%

Annual ROE

-86.84%
OPTT annual return on equity is -86.84%

EBIT & EBITDA

Annual EBIT

-$29.40 M
OPTT annual earnings before interest & taxes is -$29.40 million

Annual EBITDA

-$28.24 M
OPTT annual EBITDA is -$28.24 million

Valuation

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PE Ratio

PE Ratio

-
OPTT price to earnings ratio value is unknown

PE Ratio Sector Rank

-
OPTT price to earnings ratio is unknown

PB Ratio

PB Ratio

3.35
OPTT price to book ratio is 3.35

PB Ratio Sector Rank

66.97%
OPTT price to book ratio is higher than 66.97% of companies in Industrials sector

PS Ratio

PS Ratio

10.47
OPTT price to sales ratio is 10.47

PS Ratio Sector Rank

95.57%
OPTT price to sales ratio is higher than 95.57% of companies in Industrials sector

Enterprise value

Enterprise Value

$74.42 M
OPTT enterprise value is $74.42 million

Enterprise Value Sector Rank

21.37%
OPTT enterprise value is higher than 21.37% of companies in Industrials sector

EV/EBITDA

EV/EBITDA

-3.48
OPTT EV/EBITDA is -3.48

EV/EBITDA Sector Rank

14.36%
OPTT EV/EBITDA is higher than 14.36% of companies in Industrials sector

Financial Health

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Liquidity

Annual Current Ratio

1.43
OPTT annual current ratio is 1.43

Annual Quick Ratio

0.78
OPTT annual quick ratio is 0.78

Leverage

Annual Debt To Equity

0.00
OPTT annual debt to equity ratio is 0.00

Annual Interest Coverage Ratio

-
OPTT annual interest coverage ratio value is unknown

Risk & Stability

Piotroski F-Score

1
OPTT piotroski f-score is 1

Altman Z-Score

-13.30
OPTT altman z-score is -13.30

Balance Sheet

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Assets

Annual Total Assets

$28.70 M
OPTT annual total assets is $28.70 million

Annual Non Current Assets

$18.16 M
OPTT annual long term assets is $18.16 million

Annual Current Assets

$10.54 M
OPTT annual total current assets is $10.54 million

Annual Cash & Cash Equivalents

$3.15 M
OPTT annual cash & cash equivalents is $3.15 million

Equity

Annual Book Value

$19.34 M
OPTT annual book value is $19.34 million

Annual Working Capital

$3.18 M
OPTT annual working capital is $3.18 million

Liabilities

Annual Total Liabilities

$9.36 M
OPTT annual total liabilities is $9.36 million

Annual Total Long Term Liabilities

$2.00 M
OPTT annual total long term liabilities is $2.00 million

Annual Current Liabilities

$7.36 M
OPTT annual total current liabilities is $7.36 million

Annual Accounts Payable

$3.37 M
OPTT annual accounts payable is $3.37 million

Debt

Annual Total Debt

$2.57 M
OPTT annual total debt is $2.57 million

Annual Total Debt 1-Year Change

+39.78%
OPTT annual total debt is up +39.78% year-on-year

Annual Long Term Debt

$1.80 M
OPTT annual long term debt is $1.80 million

Annual Short Term Debt

$774.00 K
OPTT annual short term debt is $774.00 thousand

Expenses

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Annual Total Expenses

$34.93 M
OPTT annual total expenses is $34.93 million

Annual Operating Expenses

$32.23 M
OPTT annual total operating expenses is $32.23 million

Annual Cost Of Goods Sold

$2.70 M
OPTT annual cost of goods sold is $2.70 million

Annual SGA

-
OPTT annual SGA value is unknown

Annual D&A

$1.16 M
OPTT annual depreciation & amortization is $1.16 million

Annual Interest Expense

-
OPTT annual interest expense value is unknown

Cash Flow

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Cashflow Activities

Annual CFO

-$29.76 M
OPTT annual cash flow from operations is -$29.76 million

Annual CFO 1-Year Change

-37.11%
OPTT annual cash flow from operations is down -37.11% year-on-year

Annual CFI

$25.50 M
OPTT annual cash flow from investing activities is $25.50 million

Annual CFI 1-Year Change

+24.6%
OPTT annual cash flow from investing activities is up +24.6% year-on-year

Annual CFF

$469.00 K
OPTT annual cash flow from financing activities is $469.00 thousand

Annual CFF 1-Year Change

+3450%
OPTT annual cash flow from financing activities is up +3450% year-on-year

Free CashFlow

Annual FCF

-$32.35 M
OPTT annual free cash flow is -$32.35 million

Annual FCF 1-Year Change

-42.34%
OPTT annual free cash flow is down -42.34% year-on-year

CAPEX

Annual CAPEX

$2.58 M
OPTT annual capital expenditures is $2.58 million

Annual CAPEX 1-Year Change

+153.68%
OPTT annual capital expenditures is up +153.68% year-on-year

Institutional Ownership

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FAQ

  • What is the ticker symbol for Ocean Power Technologies?
  • Does Ocean Power Technologies pay dividends?
  • What sector is Ocean Power Technologies in?
  • What industry is Ocean Power Technologies in?
  • What country is Ocean Power Technologies based in?
  • When did Ocean Power Technologies go public?
  • Is Ocean Power Technologies in the S&P 500?
  • Is Ocean Power Technologies in the NASDAQ 100?
  • Is Ocean Power Technologies in the Dow Jones?
  • When was Ocean Power Technologies's last earnings report?
  • When does Ocean Power Technologies report earnings?

What is the ticker symbol for Ocean Power Technologies?

The ticker symbol for Ocean Power Technologies is NYSE American:OPTT

Does Ocean Power Technologies pay dividends?

No, Ocean Power Technologies does not pay dividends

What sector is Ocean Power Technologies in?

Ocean Power Technologies is in the Industrials sector

What industry is Ocean Power Technologies in?

Ocean Power Technologies is in the Specialty Industrial Machinery industry

What country is Ocean Power Technologies based in?

Ocean Power Technologies is headquartered in United States

When did Ocean Power Technologies go public?

Ocean Power Technologies's initial public offering (IPO) was on April 25, 2007

Is Ocean Power Technologies in the S&P 500?

No, Ocean Power Technologies is not included in the S&P 500 index

Is Ocean Power Technologies in the NASDAQ 100?

No, Ocean Power Technologies is not included in the NASDAQ 100 index

Is Ocean Power Technologies in the Dow Jones?

No, Ocean Power Technologies is not included in the Dow Jones index

When was Ocean Power Technologies's last earnings report?

Ocean Power Technologies's most recent earnings report was on Dec 16, 2024

When does Ocean Power Technologies report earnings?

The next expected earnings date for Ocean Power Technologies is Mar 14, 2025