Ocean Power Technologies [AMEX: OPTT] closed the trading session at $0.54 on 2025-06-19. The day’s price range saw the stock hit a low of $0.51, while the highest price level was $0.5473.
The stocks have a year to date performance of -46.66 percent and weekly performance of -0.37 percent. The stock has been moved at 60.64 percent over the last six months. The stock has performed 3.44 percent around the most recent 30 days and changed 7.85 percent over the most recent 3-months.
If compared to the average trading volume of 4.30M shares, OPTT reached to a volume of 4103266 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Ocean Power Technologies [OPTT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OPTT shares is $60.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OPTT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Ocean Power Technologies shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 25, 2015. While these analysts kept the previous recommendation, Ascendiant Capital Markets raised their target price to Strong Buy. The new note on the price target was released on May 09, 2013, representing the official price target for Ocean Power Technologies stock. Previously, the target price had yet another drop from $19 to $14, while UBS kept a Buy rating on OPTT stock.
The Average True Range (ATR) for Ocean Power Technologies is set at 0.05, with the Price to Sales ratio for OPTT stock in the period of the last 12 months amounting to 15.36. The Price to Book ratio for the last quarter was 3.20, with the Price to Cash per share for the same quarter was set at 0.06.
OPTT stock trade performance evaluation
Ocean Power Technologies [OPTT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.37. With this latest performance, OPTT shares gained by 3.44% in over the last four-week period, additionally plugging by 60.64% over the last 6 months – not to mention a rise of 298.90% in the past year of trading.
Ocean Power Technologies [OPTT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Ocean Power Technologies [OPTT] shares currently have an operating margin of -343.07% and a Gross Margin at 37.62%. Ocean Power Technologies’s Net Margin is presently recorded at -356.57%.
Return on Equity for this stock declined to -63.24%, with Return on Assets sitting at -63.24%.
Ocean Power Technologies [OPTT]: Institutional Ownership
The top three institutional holders of OPTT stocks are: VANGUARD GROUP INC with ownership of 1.76 million shares, which is approximately 2.1473%. BLACKROCK INC., holding 0.58 million shares of the stock with an approximate value of $$0.11 million in OPTT stocks shares; and BLACKROCK INC., currently with $$93686.0 in OPTT stock with ownership which is approximately 0.5837%.
