Ocean Power Technologies, Inc.

Symbol: OPTT




Market price today

  • -0.8492

    P/E Ratio

  • 0.0248

    PEG Ratio

  • 22.90M

    MRK Cap

  • 0.00%

    DIV Yield

Ocean Power Technologies, Inc. (OPTT) Stock Price & Analysis

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Gross Profit Margin


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Net Profit Margin


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Return on Capital Employed


Company general description and statistics

Sector: Industrials
Industry: Electrical Equipment & Parts
CEO:Mr. Philipp Stratmann
Full-time employees:72
City:Monroe Township
Address:28 Engelhard Drive

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. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

General Outlook

In simple terms, Ocean Power Technologies, Inc. has 58.788 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.214% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -9.218%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -8.189%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust -0.590% return, is a testament to Ocean Power Technologies, Inc.'s adeptness in optimizing resource deployment. Ocean Power Technologies, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.555%. Furthermore, the proficiency of Ocean Power Technologies, Inc. in capital utilization is underscored by a remarkable -0.759% return on capital employed.

Stock Prices

Ocean Power Technologies, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $0.482, while its low point bottomed out at $0.44751. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Ocean Power Technologies, Inc.'s stock market.

Frequently Asked Question

How many company shares are outstanding in 2023?

There are stock number shares outstanding of Ocean Power Technologies, Inc. (OPTT) on the AMEX in 2023.

What is P/E ratio of enterprise in 2023?

The current P/E ratio of enterprise is -0.849 in 2023.

What is the ticker symbol of Ocean Power Technologies, Inc. stock?

The ticker symbol of Ocean Power Technologies, Inc. stock is OPTT.

What is company IPO date?

IPO date of Ocean Power Technologies, Inc. is 2007-04-25.

What is company current share price?

Current share price is 0.390 USD.

What is stock market cap today?

The market cap of stock today is 22897770.000.

What is PEG ratio in 2023?

The current 0.025 is 0.025 in 2023.

What is the number of employees in 2023?

In 2023 the company has 72.