As on Thursday, Ocean Power Technologies (AMEX: OPTT) got off with the flyer as it spiked 0.54% to $0.15, before settling in for the price of $0.15 at the close. Taking a more long-term approach, OPTT posted a 52-week range of $0.12-$0.57.
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The Industrials sector firm’s twelve-monthly sales growth has been 68.25% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 45.31%. This publicly-traded company’s shares outstanding now amounts to $99.32 million, simultaneously with a float of $85.57 million. The organization now has a market capitalization sitting at $14.87 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1701, while the 200-day Moving Average is $0.2310.
Ocean Power Technologies (OPTT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Industrial Machinery industry. Ocean Power Technologies’s current insider ownership accounts for 13.85%, in contrast to 3.89% institutional ownership.
Ocean Power Technologies (OPTT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Ocean Power Technologies (AMEX: OPTT) Trading Performance Indicators
Let’s observe the current performance indicators for Ocean Power Technologies (OPTT). It’s Quick Ratio in the last reported quarter now stands at 1.05. The Stock has managed to achieve an average true range (ATR) of 0.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.68.
In the same vein, OPTT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.40.
Technical Analysis of Ocean Power Technologies (OPTT)
Through scrutinizing the latest numbers posted by the [Ocean Power Technologies, OPTT], it can be observed that its last 5-days Average volume of 2.3 million was lower the volume of 10.46 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 25.95% While, its Average True Range was 0.0094.
Raw Stochastic average of Ocean Power Technologies (OPTT) in the period of the previous 100 days is set at 6.61%, which indicates a major fall in contrast to 26.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.27% that was lower than 177.97% volatility it exhibited in the past 100-days period.
