Upgrade to FINVIZ*Elite to get real-time quotes, intraday charts, and advanced charting tools.

NEW: Revenue Breakdown and Options Chain

Gain deeper insights into company revenues with a detailed analysis of revenue sources.
Explore the updated Options feature, providing in-depth data, and a 3D viewing option.

OPTT

Ocean Power Technologies

Apr 16 • 04:00PM ET

0.2109

Dollar change -0.0191
Percentage change -8.30	%

Industrials • Specialty Industrial Machinery • USA • AMEX

Stock Detail • Compare Perf. • Revenue • Options Chain • Save to Portfolio • Create Alert

Scroll to Statements

Index	-	P/E	-	EPS (ttm)	-0.52	Insider Own	7.22%	Shs Outstand	56.26M	Perf Week	-14.51%
Market Cap	12.54M	Forward P/E	-	EPS next Y	-	Insider Trans	0.00%	Shs Float	55.17M	Perf Month	-29.58%
Income	-30.30M	PEG	-	EPS next Q	-	Inst Own	6.85%	Short Float	5.29%	Perf Quarter	-27.30%
Sales	4.93M	P/S	2.54	EPS this Y	-	Inst Trans	-13.16%	Short Ratio	7.16	Perf Half Y	-41.74%
Book/sh	0.42	P/B	0.50	EPS next Y	-	ROA	-64.74%	Short Interest	2.92M	Perf Year	-62.33%
Cash/sh	0.16	P/C	1.36	EPS next 5Y	-	ROE	-77.49%	52W Range	0.23 - 0.77	Perf YTD	-33.26%
Dividend Est.	-	P/FCF	-	EPS past 5Y	48.68%	ROI	-110.89%	52W High	-72.57%	Beta	2.10
Dividend TTM	-	Quick Ratio	2.00	Sales past 5Y	52.54%	Gross Margin	37.10%	52W Low	-6.85%	ATR (14)	0.02
Dividend Ex-Date	-	Current Ratio	2.49	EPS Y/Y TTM	-33.28%	Oper. Margin	-640.85%	RSI (14)	21.22	Volatility	7.20% 6.54%
Employees	72	Debt/Eq	0.11	Sales Y/Y TTM	96.77%	Profit Margin	-614.25%	Recom	1.00	Target Price	60.00
Option/Short	Yes / Yes	LT Debt/Eq	0.08	EPS Q/Q	-1.65%	Payout	-	Rel Volume	21.98	Prev Close	0.23
Sales Surprise	-	EPS Surprise	-	Sales Q/Q	144.14%	Earnings	Mar 13 AMC	Avg Volume	406.98K	Price	0.21
SMA20	-19.85%	SMA50	-26.38%	SMA200	-43.72%	Trades		Volume	8,944,087	Change	-8.30%

Date	Action	Analyst	Rating Change	Price Target Change
Feb-25-15	Resumed	H.C. Wainwright	Neutral
May-09-13	Initiated	Ascendiant Capital Markets	Strong Buy	$5
Jul-17-08	Reiterated	UBS	Buy	$19 → $14
Apr-07-08	Downgrade	Bear Stearns	Outperform → Underperform
Mar-20-08	Reiterated	UBS	Buy	$20 → $19
Aug-20-07	Initiated	B. Riley & Co	Buy	$18.50
Jun-14-07	Initiated	Bear Stearns	Outperform	$20
Jun-05-07	Initiated	UBS	Buy	$20
Jun-04-07	Initiated	First Albany	Neutral
Jun-04-07	Initiated	Banc of America Sec	Buy	$24

Today 08:15AM	Ocean Power Technologies Announces Teaming Agreement with Major International Defense Contractor to Deploy Maritime Domain Awareness Solutions (GlobeNewswire) -8.30%
Apr-12-24 02:40PM	Paragon Technologies Files Complaint Alleging Ocean Power Technologies Failed to Achieve a Legitimate Quorum at its Annual Meeting of Shareholders (ACCESSWIRE)
10:07AM	AI & Technology Hybrid Investor Conference Agenda: Presentations Now Available for Online Viewing (GlobeNewswire)
Apr-09-24 02:49PM	Ocean Power Technologies teams with Red Cat to provide advanced maritime defence solutions (News Direct)
10:26AM	AI & Technology Hybrid Investor Conference Presented by Water Tower Research Agenda Announced for April 10 and 11 (GlobeNewswire)
08:01AM	Loading…
08:01AM	Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions (GlobeNewswire)
Apr-08-24 08:15AM	Ocean Power Technologies Announces Strategic Alliance with Red Cat for Advanced Maritime Defense Solutions (GlobeNewswire)
Apr-02-24 09:33AM	Ocean Power Technologies Announces "Merrows": A Consolidated Solution for Maritime Domain Awareness (GlobeNewswire)
Apr-01-24 04:30PM	Ocean Power Technologies to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10 (GlobeNewswire)
Mar-27-24 12:30PM	Ocean Power Technologies secures key deal for WAM-V USV's in Latin America (News Direct)
Mar-26-24 08:15AM	Ocean Power Technologies Secures $1.5 Million in Purchase Orders for WAM-V USV's in Latin America (GlobeNewswire)
Mar-13-24 04:15PM	Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2024 Results (GlobeNewswire)
Feb-28-24 05:30AM	Ocean Power Technologies secure key deal for WAM-V Unmanned surface vehicles (News Direct)
Feb-27-24 02:00PM	Ocean Power Continues to Ignore Small Individual Investors Instead Focusing on Institutional Investors Who Own Relatively Little OPT Stock (ACCESSWIRE)
Feb-21-24 04:15PM	Ocean Power Technologies to Report fiscal 2024 Third Quarter Results on March 13, 2024 (GlobeNewswire) -8.87%
11:00AM	Loading…
Feb-15-24 11:00AM	Paragon Asks Ocean Power CEO Stratmann to Provide Shareholder Transparency to Recent Announcements - Believes Ocean Power Will Report Significant Losses in Upcoming Quarterly Earnings Release (ACCESSWIRE)
Feb-14-24 08:15AM	Ocean Power Technologies Receives Funding for AT&T 5G-Enabled PowerBuoy® Deployment in Monterey Bay (GlobeNewswire)
Feb-12-24 04:15PM	Ocean Power Technologies Secures Orders Exceeding $1.25 Million for Fully Integrated WAM-V Unmanned Surface Vehicles (GlobeNewswire)
Feb-08-24 09:10PM	Ocean Power Technologies Board Postpones Annual Meeting for a Second Time After Failing Yet Again to Obtain Enough Shareholder Votes - Paragon Asks Shareholders to Make Your Voice Heard by Disregarding OPT's White Proxy Card (ACCESSWIRE) +6.38%
05:10PM	Ocean Power Technologies Announces Further Adjournment of 2023 Annual Meeting of Shareholders (Business Wire)
Feb-02-24 05:15PM	Paragon Urges Individual Investors to Stand Up to Corporate Greed, Entrenchment and Deception by Ignoring OPT's White Proxy Card (ACCESSWIRE)
Feb-01-24 09:15AM	Ocean Power Technologies Board Postpones Annual Meeting After Failing to Obtain Enough Shareholder Support to Achieve a Quorum; Vote Paragons' BLUE Proxy Now to Save OPT (ACCESSWIRE)
Jan-31-24 04:30PM	Ocean Power Technologies Announces Adjournment of 2023 Annual Meeting of Shareholders (Business Wire)
Jan-29-24 08:27AM	Ocean Power Technologies Announces $1.2 million award from the New Jersey Economic Development Authority (NJEDA) Net Operating Loss (NOL) Program (GlobeNewswire)
08:00AM	Both Leading Independent Proxy Advisory Firms ISS and Glass Lewis Now Recommend Voting ONLY on the WHITE Proxy Card "FOR" All of Ocean Power Technologies Board Nominees (Business Wire)
Jan-26-24 05:31PM	Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote ONLY on the WHITE Proxy Card "FOR" All of Ocean Power Technologies Board Nominees (Business Wire)
Jan-25-24 02:10PM	Paragon Calls Out OPT's Shameless and Desperate Campaign of Entrenchment; Urges Shareholders to Carefully Evaluate OPT's Track Record of Dishonesty (ACCESSWIRE)
Jan-22-24 10:05AM	Paragon Calls Out OPTs Inaccurate Statements About Voting on the Blue Proxy Card; Vote the Blue Proxy Card and Put an End to the Corporate Greed and Drowning Share Price (ACCESSWIRE)
Jan-18-24 04:15PM	Leading Independent Proxy Advisory Firm ISS Recommends Shareholders Vote ONLY on the WHITE Proxy Card FOR All of Ocean Power Technologies Board Nominees (GlobeNewswire)
11:20AM	Paragon Urges OPT Shareholders to Disregard CEO Phillip Stratmanns Continued Misleading Statements and Calls on Mr. Stratmann to Substantiate His Claims to Shareholders (ACCESSWIRE)
08:44AM	Loading…
Jan-17-24 08:44AM	Ocean Power Technologies Announces Progress on Shift to Commercialization and Expects to Achieve Profitability in Calendar Year 2025 (GlobeNewswire)
Jan-04-24 09:00AM	Paragon Technologies Issues Presentation to OPT Shareholders to Vote Blue Proxy Card (ACCESSWIRE)
Dec-28-23 04:35PM	Paragon Reminds OPT Shareholders to ONLY Vote Blue Proxy and Send Message to OPT Board that Change is Needed to Avoid Continued Shareholder Losses (ACCESSWIRE)
Dec-21-23 04:15PM	Paragon Technologies Issues Statement to the Stockholders of Ocean Power Technologies. Reminds Stockholders to Vote ONLY the Blue Proxy Card (ACCESSWIRE)
Dec-18-23 04:55PM	Paragon Technologies Commences Mailing of BLUE Proxy Card and Issues Letter to Ocean Power Technologies Shareholders (ACCESSWIRE)
Dec-13-23 04:45PM	Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2024 Results (GlobeNewswire)
02:30PM	RETRANSMISSION: Paragon Calls Out Ocean Powers Contract Award Announcements in Response to Paragons Campaign as Too Little, Too Late (ACCESSWIRE)
01:50PM	Ocean Power Technologies Sends Letter to Shareholders Highlighting Continued Execution of Companys Value-Enhancing Strategy (Business Wire)
11:45AM	Paragon Calls Out Ocean Powers Contract Award Announcements in Response to Paragons Campaign as Too Little, Too Late (ACCESSWIRE)
Dec-12-23 01:35PM	Ocean Power Technologies secures new multi-million-dollar contract with U.S Government (News Direct)
Dec-11-23 08:30AM	Ocean Power Technologies Secures a Multi-Buoy Letter Contract with a $6.5M Ceiling to Bolster Maritime Domain Awareness for US Government Agencies (GlobeNewswire) -10.92%
Dec-08-23 03:00PM	Paragon Technologies Reminds Ocean Power Technologies Shareholders to Vote the BLUE Proxy Card for Paragons Nominees (ACCESSWIRE)
08:35AM	Water Tower Research US Climate Virtual Investor Conference: Presentations Now Available for Online Viewing (GlobeNewswire)
Dec-06-23 04:29PM	Paragon Technologies Issues Statement to Shareholders of Ocean Power Technologies Regarding the Shameless Entrenchment Actions of the OPTT Board (ACCESSWIRE)
Dec-04-23 05:15PM	Ocean Power Technologies Commences Mailing of Definitive Proxy Materials for 2023 Annual Meeting (Business Wire)
08:35AM	Water Tower Research US Climate Investor Conference Agenda Announced for December 7th, 2023 (GlobeNewswire)
Nov-21-23 04:15PM	Ocean Power Technologies to Report 2024 Second Quarter Results on December 13, 2023 (GlobeNewswire)
Nov-16-23 12:39PM	Ocean Power Technologies announces company has charted course to profitability (News Direct)
Nov-14-23 04:15PM	Ocean Power Technologies Announces Action Plan to Achieve Profitability in Calendar Year 2025 (Business Wire)
08:00AM	OPT to Present at Water Tower Research's Hybrid US Climate Investor Conference on December 7 (GlobeNewswire)
Nov-01-23 05:15PM	Former Pentagon Official and Navy Admiral Victorino "Vic" G. Mercado Appointed as a Special Advisor to the Board of Ocean Power Technologies (Business Wire) -9.33%
Oct-30-23 01:26PM	Ocean Power Technologies announces multiple WAM-V 16s vehicle order from Sulmara (News Direct)
12:45PM	Ocean Power Technologies secures contract to combat illegal fishing with uncrewed technology (News Direct)
Oct-25-23 08:15AM	Ocean Power Technologies Awarded Contract with WildAid and Caribbean Law Enforcement to Combat Illegal Fishing with Uncrewed Technologies (GlobeNewswire)
Oct-24-23 08:15AM	Ocean Power Technologies Secures $1.6 Million Order for Multiple WAM-V 16s from Sulmara (GlobeNewswire) +6.28%
Sep-26-23 04:30PM	CEO of Exploration Ventures, and Ocean Power Technologies Advisor, Terry Garcia to participate in Fireside Chat with Water Tower Research on Thursday, September 28, 2023, at 2:00 PM EDT (GlobeNewswire)
Sep-19-23 02:17PM	Ocean Power Technologies sees 1Q revenue climb as sales pipeline surges (News Direct)
Sep-18-23 04:15PM	Ocean Power Technologies President and CEO Philipp Stratmann to Participate in Fireside Chat with Water Tower Research on Tuesday, September 19, 2023, at 3:00 PM EDT (GlobeNewswire)
Sep-13-23 04:15PM	Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2024 Results (GlobeNewswire)
Sep-07-23 06:07PM	Ocean Power Technologies Awarded Three Multi-Year NOAA Contracts to Revolutionize Uncrewed Maritime Systems (GlobeNewswire)
04:15PM	Ocean Power Technologies to Participate in the H.C. Wainwright & Co. 25th Annual Global Investment Conference (GlobeNewswire)
Aug-22-23 01:32PM	Ocean Power Technologies announces major milestone in the field of autonomous maritime technology (News Direct)
Aug-17-23 07:30AM	Ocean Power Technologies Unveils Breakthrough: WAM-V Demonstrates Remote Connection to PowerBuoy® for On-Water Charging (GlobeNewswire)
Aug-14-23 05:30PM	UPDATE - Ocean Power Technologies, Inc. (GlobeNewswire)
04:15PM	Ocean Power Technologies to Report 2023 First Quarter Results on September 13, 2023 (GlobeNewswire)
Jul-14-23 03:50PM	Ocean Power Technologies taking successful pivot to ocean intelligence into 2024 fiscal year (News Direct) +6.54%
Jul-12-23 04:15PM	Ocean Power Technologies, Inc. Announces Fourth Quarter Fiscal 2023 Results (GlobeNewswire)
Jul-11-23 05:35PM	Ocean Power Technologies Issues Statement in Response to Paragon Technologies (Business Wire)
Jun-30-23 08:00AM	OPT Adopts Tax Benefits Preservation Plan to Protect Long-term Shareholder Value By Preserving Significant Tax Assets (Business Wire)
Jun-15-23 04:15PM	Ocean Power Technologies to Report 2023 Fourth Quarter and Full-Year Results on July 12, 2023 (GlobeNewswire)
Apr-27-23 04:15PM	Ocean Power Technologies, Inc. to Participate in Water Tower Fireside Chat Series (GlobeNewswire)
Apr-21-23 08:00AM	Ocean Power Technologies Signs $0.5M Extension to Provide WAM-V® 22 for ongoing Activities Overseas (GlobeNewswire)
Apr-17-23 02:13PM	OPT deployment of next-generation Wave Energy Converter Buoys opens new chapter for customers (News Direct)
Apr-13-23 08:00AM	Ocean Power Technologies Announces Deployment of Next Generation Wave Energy Converter Buoy (GlobeNewswire)
Mar-13-23 04:02PM	Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2023 Results (GlobeNewswire)
Feb-13-23 04:15PM	Ocean Power Technologies to Report 2023 Third Quarter Results on March 13, 2023 (GlobeNewswire)
Jan-20-23 04:39PM	OPT to Participate in Third Installment of Fireside Chat Series with Water Tower Research on January 26, 2023 (GlobeNewswire)
Dec-15-22 05:11PM	Ocean Power Technologies to Participate in a Fireside Chat with Water Tower Research on Friday, December 16 (GlobeNewswire) -9.11%
Dec-14-22 04:00PM	Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2023 Results (GlobeNewswire)
10:44AM	Ocean Power Technologies Announces Adjournment of Annual Meeting of Stockholders (GlobeNewswire)
Nov-10-22 07:00AM	Ocean Power Technologies to Report 2023 Second Quarter Results on December 14, 2022 (GlobeNewswire)
Oct-11-22 05:30PM	Ocean Power Technologies to Participate in the LD Micro Main Event XV Conference (GlobeNewswire)
Oct-05-22 08:00AM	Ocean Power Technologies Awarded Contract with Department of Homeland Security Science and Technology Directorate on Maritime Domain Awareness Sensors (MDA-S) Initiative (GlobeNewswire) +8.05%
Sep-13-22 10:22AM	CORRECTION -- Ocean Power Technologies, Inc. (GlobeNewswire)
Sep-12-22 04:00PM	Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2022 Results (GlobeNewswire)
Sep-07-22 09:15AM	Ocean Power Technologies to Participate in the H.C. Wainwright & Co. 24th Annual Global Investment Conference (GlobeNewswire)
Aug-12-22 07:00AM	Ocean Power Technologies to Report 2023 First Quarter Results on Monday, September 12, 2022 (GlobeNewswire)
Jul-18-22 05:00PM	Ocean Power Technologies Announces DOE Award Supporting Phase II Development of Next Generation Technologies (GlobeNewswire)
Jul-13-22 04:15PM	Ocean Power Technologies, Inc. Announces Fourth Quarter and Full-Year Fiscal 2022 Results (GlobeNewswire)
Jun-14-22 08:00AM	Ocean Power Technologies to Report 2022 Fourth Quarter and Full-Year Results on Wednesday, July 13, 2022 (GlobeNewswire) -8.06%
May-09-22 04:15PM	Ethan Butler Joins OPT as VP Engineering & Operations (GlobeNewswire) -9.43%
Mar-28-22 08:00AM	PetMed Express Welcomes Diana Garvis Purcel to Its Board of Directors (GlobeNewswire)
Mar-14-22 04:30PM	Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2022 Results (GlobeNewswire) -9.72%
Feb-02-22 04:15PM	Ocean Power Technologies to Report Fiscal Year 2022 Third Quarter Results on Monday, March 14, 2022 (GlobeNewswire)
Dec-14-21 04:15PM	Ocean Power Technologies Announces Second Quarter Fiscal 2022 Results (GlobeNewswire) -5.98%
Dec-13-21 06:45AM	Ocean Power Technologies Appoints Robert Powers as New CFO (GlobeNewswire) +12.88%
Dec-07-21 06:45AM	Ocean Power Technologies Reschedules 2021 Annual Meeting of Stockholders (GlobeNewswire) +5.45%
Nov-16-21 06:45AM	Ocean Power Technologies Acquires Marine Advanced Robotics (GlobeNewswire)
Nov-09-21 06:45AM	Ocean Power Technologies to Report Fiscal Year 2022 Second Quarter Results on Tuesday, December 14, 2021 (GlobeNewswire) -5.65%
Sep-13-21 04:15PM	Ocean Power Technologies Announces First Quarter Fiscal 2022 Results (GlobeNewswire)

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves. It operates through the following geographical segments: North and South America, Europe, and Asia and Australia. The company was founded by George W. Taylor on April 19, 1984 and is headquartered in Monroe Township, NJ.

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Slaiby Peter E.	Director	Sep 28 '23	Buy	0.39	25,000	9,750	96,577	Oct 02 09:15 AM
Powers Robert Patrick	Senior VP and CFO	Sep 18 '23	Buy	0.40	12,345	4,950	28,888	Sep 20 04:05 PM
Stratmann Philipp	President and CEO	Sep 15 '23	Buy	0.41	12,115	4,999	93,807	Sep 18 05:18 PM

open in yahoo | open in reuters | open in marketwatch | open in google | open in EDGAR

OPTT

Ocean Power Technologies

Upgrade your FINVIZ experience