Moreover, the 36-month beta value for OPTT is 2.66. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OPTT is 153.75M and currently, short sellers hold a 7.03% of that float. On June 24, 2025, OPTT’s average trading volume was 4.28M shares.
OPTT) stock’s latest price update
Ocean Power Technologies (AMEX: OPTT)’s stock price has increased by 4503027 compared to its previous closing price of 0.5. However, the company has seen a -6.15% decrease in its stock price over the last five trading sessions. proactiveinvestors.com reported 2025-06-04 that Ocean Power Technologies Inc (NYSE-A:OPTT) said on Wednesday it has appointed retired US Navy Captain Jason Weed as its new senior vice president of commercial sales. Weed, who brings over 15 years of executive-level experience in maritime and technology organizations, most recently served as a senior business developer at Leidos’ Maritime Systems Division.
OPTT’s Market Performance
OPTT’s stock has fallen by -6.15% in the past week, with a monthly drop of -2.62% and a quarterly drop of -8.16%. The volatility ratio for the week is 5.08% while the volatility levels for the last 30 days are 5.46% for Ocean Power Technologies The simple moving average for the past 20 days is -7.30% for OPTT’s stock, with a 8.75% simple moving average for the past 200 days.
Analysts’ Opinion of OPTT
Ascendiant Capital Markets, on the other hand, stated in their research note that they expect to see OPTT reach a price target of $5. The rating they have provided for OPTT stocks is “Strong Buy” according to the report published on May 09th, 2013.
UBS gave a rating of “Buy” to OPTT, setting the target price at $14 in the report published on July 17th of the previous year.
OPTT Trading at 0.15% from the 50-Day Moving Average
After a stumble in the market that brought OPTT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.17% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OPTT starting from Slaiby Peter E., who purchase 35,000 shares at the price of $0.19 back on Nov 25 ’24. After this action, Slaiby Peter E. now owns 241,871 shares of Ocean Power Technologies, valued at $6,713 using the latest closing price.
Cryan Terence James, the Director of Ocean Power Technologies, purchase 100,000 shares at $0.15 during a trade that took place back on Nov 13 ’24, which means that Cryan Terence James is holding 358,658 shares at $14,800 based on the most recent closing price.
Stock Fundamentals for OPTT
Current profitability levels for the company are sitting at:
- -3.43 for the present operating margin
- 0.38 for the gross margin
The net margin for Ocean Power Technologies stands at -3.57. The total capital return value is set at -0.7. Equity return is now at value -80.51, with -63.24 for asset returns.
Based on Ocean Power Technologies (OPTT), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -9.53.
Currently, EBITDA for the company is -28.24 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 12.46. The receivables turnover for the company is 2.91for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.88.
Conclusion
To wrap up, the performance of Ocean Power Technologies (OPTT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
