After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
Stocks Info
This AMEX-listed company operates within the Specialty Industrial Machinery industry segment, falling under the Industrials sector. The current market capitalization of Ocean Power Technologies is $37.39M. A total of 26.25 million shares were traded on the day, compared to an average of 21.48M 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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, OPTT has a high of $0.82 and a low of $0.12.
As of this writing, OPTT has an earnings estimate of $0 per share for the current quarter.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
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. 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.
