On Tuesday, Ocean Power Technologies (AMEX: OPTT) was 3.89% up from the session before settling in for the closing price of $0.42. A 52-week range for OPTT has been $0.14 – $1.75.
A company in the Industrials sector has jumped its sales by 34.77% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 35.29%. With a float of $169.43 million, this company’s outstanding shares have now reached $171.26 million.
Ocean Power Technologies (OPTT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ocean Power Technologies stocks. The insider ownership of Ocean Power Technologies is 7.42%, while institutional ownership is 10.18%. The most recent insider transaction that took place on Sep 17 ’25, was worth 1,975. In this transaction President and CEO of this company bought 3,989 shares at a rate of $0.49, taking the stock ownership to the 517,714 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Director bought 35,000 for $0.19, making the entire transaction worth $6,713. This insider now owns 241,871 shares in total.
Ocean Power Technologies (OPTT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 35.29% per share during the next fiscal year.
Ocean Power Technologies (AMEX: OPTT) Trading Performance Indicators
You can see what Ocean Power Technologies (OPTT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Ocean Power Technologies (OPTT)
Let’s dig in a bit further. During the last 5-days, its volume was 2.89 million. That was inferior than the volume of 7.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.42%.
During the past 100 days, Ocean Power Technologies’s (OPTT) raw stochastic average was set at 6.77%, which indicates a significant decrease from 26.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0316 in the past 14 days, which was lower than the 0.0410 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5112, while its 200-day Moving Average is $0.5287. However, in the short run, Ocean Power Technologies’s stock first resistance to watch stands at $0.4471. Second resistance stands at $0.4594. The third major resistance level sits at $0.4769. If the price goes on to break the first support level at $0.4173, it is likely to go to the next support level at $0.3998. Assuming the price breaks the second support level, the third support level stands at $0.3875.
Ocean Power Technologies (AMEX: OPTT) Key Stats
There are 183,014K outstanding shares of the company, which has a market capitalization of 79.57 million. As of now, sales total 5,860 K while income totals -21,510 K. Its latest quarter income was 1,180 K while its last quarter net income were -7,390 K.
