Ocean Power Technologies (AMEX: OPTT) started the day on Thursday, with a price increase of 2.67% at $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.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 68.25%. 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 $85.42 million. The organization now has a market capitalization sitting at $15.30 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1590, while the 200-day Moving Average is $0.2197.
Ocean Power Technologies (OPTT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Industrial Machinery Industry. Ocean Power Technologies’s current insider ownership accounts for 14.00%, in contrast to 4.34% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s Director bought 100,000 shares at the rate of 0.15, making the entire transaction reach 14,800 in total value, affecting insider ownership by 358,658.
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 2.76.
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)
If we take a close look at the recent performances of Ocean Power Technologies (AMEX: OPTT), its last 5-days Average volume was 2.67 million that shows plunge from its year to date volume of 9.92 million. During the previous 9 days, stock’s Stochastic %D was recorded 67.21% While, its Average True Range was 0.0076.
Raw Stochastic average of Ocean Power Technologies (OPTT) in the period of the previous 100 days is set at 3.86%, which indicates a major fall in contrast to 80.46% 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 40.59% that was lower than 121.63% volatility it exhibited in the past 100-days period.
