After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
Ocean Power Technologies is listed on the AMEX as a member of the Industrials sector and is a part of the Specialty Industrial Machinery industry. The current market capitalization of Ocean Power Technologies is $119.87M. A total of 333.3 million shares were traded on the day, compared to an average of 12.83M shares.
In the most recent transaction, Slaiby Peter E. bought 35,000 shares of OPTT for 0.19 per share on Nov 25 ’24. After the transaction, the Director now owns 241,871 company shares. In a previous transaction on Nov 13 ’24, Cryan Terence James bought 100,000 shares at 0.15 per share. OPTT shares that Director owns now total 358,658.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, OPTT has a high of $0.57 and a low of $0.12.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OPTT’s latest balance sheet shows that the firm has $57.27M in Cash & Short Term Investments as of fiscal 2022. There were $857.00k in debt and $2.98M in liabilities at the time. Its Book Value Per Share was $0.23, while its Total Shareholder’s Equity was $68.83M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OPTT is Buy with a score of 0.00.
