A new trading day began on Friday, with Ocean Power Technologies (AMEX: OPTT) stock price up 8.03% from the previous day of trading, before settling in for the closing price of $0.52. OPTT’s price has ranged from $0.14 to $1.75 over the past 52 weeks.
During the last 5-year period, the sales growth of Industrials Sector giant was 34.77%. Meanwhile, its annual earnings per share averaged 35.29%. With a float of $167.24 million, this company’s outstanding shares have now reached $171.26 million.
Ocean Power Technologies (OPTT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Ocean Power Technologies is 8.62%, while institutional ownership is 8.56%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
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
Here are Ocean Power Technologies’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.97.
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)
Looking closely at Ocean Power Technologies (AMEX: OPTT), its last 5-days average volume was 6.18 million, which is a drop from its year-to-date volume of 7.68 million. As of the previous 9 days, the stock’s Stochastic %D was 41.24%.
During the past 100 days, Ocean Power Technologies’s (OPTT) raw stochastic average was set at 25.03%, which indicates a significant decrease from 71.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0325 in the past 14 days, which was lower than the 0.0425 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5222, while its 200-day Moving Average is $0.5710. However, in the short run, Ocean Power Technologies’s stock first resistance to watch stands at $0.5979. Second resistance stands at $0.6322. The third major resistance level sits at $0.6643. If the price goes on to break the first support level at $0.5315, it is likely to go to the next support level at $0.4994. Should the price break the second support level, the third support level stands at $0.4651.
Ocean Power Technologies (AMEX: OPTT) Key Stats
With a market capitalization of 103.17 million, the company has a total of 183,014K Shares Outstanding. Currently, annual sales are 5,860 K while annual income is -21,510 K. The company’s previous quarter sales were 1,180 K while its latest quarter income was -7,390 K.
