Ocean Power Technologies (AMEX: OPTT) on Monday, plunged -28.99% from the previous trading day, before settling in for the closing price of $0.42. Within the past 52 weeks, OPTT’s price has moved between $0.27 and $1.75.
A company in the Industrials sector has jumped its sales by 34.77% annually for the last half of the decade. The company achieved an average annual earnings per share of 35.29%. With a float of $173.28 million, this company’s outstanding shares have now reached $188.99 million.
Ocean Power Technologies (OPTT) Insider Updates
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Ocean Power Technologies is 9.97%, while institutional ownership is 9.68%. The most recent insider transaction that took place on Dec 15 ’25, was worth 2,172. In this transaction President and CEO of this company bought 6,298 shares at a rate of $0.34, taking the stock ownership to the 510,690 shares. Before that another transaction happened on Dec 15 ’25, when Company’s CFO bought 14,723 for $0.34, making the entire transaction worth $5,000. This insider now owns 268,132 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
Ocean Power Technologies (OPTT) is currently performing well based on its current performance indicators. A quick ratio of 0.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, 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 6.05 million. That was inferior than the volume of 7.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.63%.
During the past 100 days, Ocean Power Technologies’s (OPTT) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0284 in the past 14 days, which was lower than the 0.0352 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4704, while its 200-day Moving Average is $0.5008. However, in the short run, Ocean Power Technologies’s stock first resistance to watch stands at $0.3533. Second resistance stands at $0.4065. The third major resistance level sits at $0.4332. If the price goes on to break the first support level at $0.2734, it is likely to go to the next support level at $0.2467. Assuming the price breaks the second support level, the third support level stands at $0.1935.
Ocean Power Technologies (AMEX: OPTT) Key Stats
Market capitalization of the company is 57.74 million based on 192,454K outstanding shares. Right now, sales total 5,860 K and income totals -21,510 K. The company made 1,180 K in profit during its latest quarter, and -7,390 K in sales during its previous quarter.
