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OPTT

Ocean Power Technologies

Oct 04 • 04:00PM ET

0.1601

Dollar change +0.0104
Percentage change 6.95	%

Industrials • Specialty Industrial Machinery • USA • AMEX

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Index	-	P/E	-	EPS (ttm)	-0.40	Insider Own	3.49%	Shs Outstand	99.32M	Perf Week	0.06%
Market Cap	15.90M	Forward P/E	-	EPS next Y	-	Insider Trans	0.00%	Shs Float	95.85M	Perf Month	-10.91%
Income	-24.90M	PEG	-	EPS next Q	-	Inst Own	3.93%	Short Float	4.51%	Perf Quarter	-59.99%
Sales	5.55M	P/S	2.87	EPS this Y	-	Inst Trans	-8.42%	Short Ratio	0.47	Perf Half Y	-38.66%
Book/sh	0.23	P/B	0.69	EPS next Y	-	ROA	-66.52%	Short Interest	4.32M	Perf Year	-56.14%
Cash/sh	0.03	P/C	5.00	EPS next 5Y	-	ROE	-81.80%	52W Range	0.12 - 0.57	Perf YTD	-49.34%
Dividend Est.	-	P/FCF	-	EPS past 5Y	45.31%	ROI	-104.46%	52W High	-71.88%	Beta	2.19
Dividend TTM	-	Quick Ratio	1.05	Sales past 5Y	68.25%	Gross Margin	46.99%	52W Low	33.42%	ATR (14)	0.02
Dividend Ex-Date	-	Current Ratio	2.16	EPS Y/Y TTM	17.56%	Oper. Margin	-476.00%	RSI (14)	43.59	Volatility	7.32% 11.42%
Employees	43	Debt/Eq	0.11	Sales Y/Y TTM	68.87%	Profit Margin	-448.27%	Recom	1.00	Target Price	60.00
Option/Short	Yes / Yes	LT Debt/Eq	0.07	EPS Q/Q	54.71%	Payout	-	Rel Volume	0.47	Prev Close	0.15
Sales Surprise	-	EPS Surprise	-	Sales Q/Q	2.28%	Earnings	Sep 16 AMC	Avg Volume	9.15M	Price	0.16
SMA20	-9.79%	SMA50	-18.72%	SMA200	-35.34%	Trades		Volume	4,281,782	Change	6.95%

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

Oct-02-24 08:15AM	Ocean Power Technologies Announces $1.1 Million Preliminary Award from the New Jersey Economic Development Authority (NJEDA) Technology Business Tax Certificate Transfer Program (GlobeNewswire) +7.65%
Sep-27-24 08:15AM	Ocean Power Technologies Ships Multiple Unmanned Surface Vehicles to US Government (GlobeNewswire)
Sep-25-24 04:15PM	Ocean Power Technologies Signs Agreement with Servi o Nacional de Aprendizagem Industrial to Advance Autonomous Ocean Developments (GlobeNewswire) -8.67%
04:15PM	Ocean Power Technologies Signs Agreement with Servico Nacional de Aprendizagem Industrial to Advance Autonomous Ocean Developments (GlobeNewswire)
Sep-16-24 05:02PM	Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2025 Results (GlobeNewswire) +28.27% -24.00%
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Sep-12-24 08:41AM	Ocean Power Technologies Awarded $1M Contract for Naval Information Warfare Center Pacific's Project Overmatch' Mission Autonomy Proving Grounds (GlobeNewswire)
Sep-10-24 08:00AM	Ocean Power Technologies Completes AI capable Merrows PowerBuoy for Delivery to the Middle East (GlobeNewswire)
Sep-09-24 08:00AM	Ocean Power Technologies Completes New WAM-V for Immediate Delivery to Latin America (GlobeNewswire)
Sep-05-24 08:00AM	Ocean Power Technologies Completes Long Term Testing of Next Generation PowerBuoy (GlobeNewswire)
Sep-03-24 08:00AM	Ocean Power Technologies Receives Further Contract for PowerBuoy Deployment with Naval Postgraduate School (GlobeNewswire)
Aug-21-24 04:15PM	Ocean Power Technologies to Report Fiscal 2025 First Quarter Results on September 16, 2024 (GlobeNewswire)
Aug-12-24 08:15AM	Ocean Power Technologies Continues Global Expansion with Signing of Strategic Reseller Agreements in All Key Continents (GlobeNewswire) -7.05%
Aug-02-24 05:00PM	Ocean Power Technologies Issues Stockholder Vote and Meeting Reminder (GlobeNewswire)
Aug-01-24 08:00AM	Ocean Power Technologies Announces Patent Pending on Innovative Docking and Recharging Buoy Technology (GlobeNewswire)
Jul-30-24 08:00AM	Ocean Power Technologies Expands in Latin America with Reseller Agreement in Costa Rica (GlobeNewswire)
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Jul-26-24 04:30PM	Paragon Technologies Recommends Ocean Power Shareholders Vote AGAINST the Company's Plan to Increase Its Authorized Shares and Hold the Board Accountable for Its Wasteful Spending That Leads to Increasing Losses (ACCESSWIRE) -25.71% -24.46%
Jul-25-24 04:15PM	Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2024 Results (GlobeNewswire) +18.88%
Jul-17-24 10:37AM	Ocean Power Technologies CEO Philipp Stratmann Announces Contract for AI-Enhanced PowerBuoy (News Direct)
Jul-15-24 08:15AM	Ocean Power Technologies Awarded Contract for Delivery of AI Capable Merrows Buoy in the Middle East (GlobeNewswire) +6.66%
Jul-12-24 04:16PM	Ocean Power Technologies to Report fiscal 2024 Fourth Quarter Results on July 25th, 2024 (GlobeNewswire)
Jul-11-24 04:15PM	Ocean Power Technologies to Participate in Fireside Chat with Water Tower Research on July 17, 2024 (GlobeNewswire)
Jul-09-24 08:15AM	Ocean Power Technologies Signs Agreement with AltaSea to Advance Wave Power Projects (GlobeNewswire) +5.50%
Jul-08-24 08:15AM	Ocean Power Technologies Signs Reseller Agreement with Survey Equipment Services for the USA (GlobeNewswire) +10.80%
Jul-02-24 08:00AM	Ocean Power Technologies Partners with Unique Group for Autonomous Vehicle Services in the Middle East (GlobeNewswire) +86.10%
Jun-27-24 05:02PM	Ocean Power Technologies Signs OEM Agreement with Key Maritime Technology Provider Teledyne Marine (GlobeNewswire) -11.70% +22.38%
Jun-26-24 10:27AM	Ocean Power Technologies Selected as Preferred Supplier for PowerBuoy with Merrows in Middle East (News Direct) +34.92%
08:00AM	Ocean Power Technologies Reaches Agreement in Principle for Delivery of Multiple Unmanned Surface Vehicles to US Government (GlobeNewswire)
Jun-24-24 08:00AM	Ocean Power Technologies Selected as Preferred Supplier for Delivery of AI capable Merrows Buoy in the Middle East (GlobeNewswire)
Jun-17-24 08:00AM	Ocean Power Technologies Launches Global 24/7 Service Support Offering (GlobeNewswire)
Jun-11-24 08:00AM	Ocean Power Technologies Completes Delivery of First Set of New WAM-Vs to Sulmara (GlobeNewswire)
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Jun-07-24 12:10PM	Ocean Power Fails to Engage in Good Faith with Paragon Creating Going Concern Issues and Risk for the Company and Its Shareholders (ACCESSWIRE) -6.99%
Jun-05-24 01:39PM	Ocean Power Technologies Secures Contract for WAM-V to Offshore Contractor in Sub-Saharan Africa (News Direct)
07:30AM	Ocean Power Technologies Awarded Contract for Immediate Delivery of Unmanned Surface Vehicle to Offshore Construction Contractor (GlobeNewswire)
May-30-24 08:00AM	Ocean Power Technologies Completes Engineering of Merrows for Hot Climates (GlobeNewswire)
May-28-24 01:55PM	Ocean Power Technologies completes Operation with Multiple Unmanned Vehicles for US Government (News Direct) +5.15%
07:00AM	Ocean Power Technologies Completes Operation with Multiple Unmanned Surface Vehicles for US Government (GlobeNewswire)
May-14-24 10:18AM	Ocean Power Technologies Demonstrates Advanced Counter Unmanned Underwater Vehicle Capability (News Direct)
08:39AM	Ocean Power Technologies Successfully Demonstrates Counter Unmanned Underwater Vehicle Capability (GlobeNewswire)
May-13-24 08:15AM	Ocean Power Technologies Announces Renewable Energy Production Milestone (GlobeNewswire)
May-07-24 12:08PM	Ocean Power Technologies Advances Maritime Domain Awareness Solution with Successful Demonstrations (News Direct)
07:00AM	Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge Critical UAS Technology Gaps for Warfighters (GlobeNewswire)
May-06-24 08:15AM	Ocean Power Technologies Successfully Demonstrates Advanced AI Solutions in the North Atlantic (GlobeNewswire)
Apr-30-24 08:15AM	Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract (GlobeNewswire)
Apr-24-24 01:10PM	Ocean Power Technologies Unveils Versatile New Generation of Buoy Systems (News Direct)
Apr-22-24 09:55AM	Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive Compensation (ACCESSWIRE)
Apr-17-24 02:47PM	Ocean Power Technologies looks to expand growth teaming with major defense contractor (News Direct)
08:15AM	Ocean Power Technologies Announces Participation in NATO Digital Ocean Industry Symposium (GlobeNewswire)
Apr-16-24 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	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%
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% +9.67%
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)
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) +13.02%
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) -7.67%
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)

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.

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OPTT

Ocean Power Technologies

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