Ocean Power Technologies (OPTT) Is Not Likely To Be The Same Tomorrow

Jeremiah Abramson

After Hours

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.

Stocks Info

Ocean Power Technologies is listed on the AMEX in the Industrials sector while operating in the Specialty Industrial Machinery industry. The current market capitalization of Ocean Power Technologies is $104.81M. A total of 18.68 million shares were traded on the day, compared to an average of 6.19M shares.

In the most recent transaction, Stratmann Philipp bought 3,989 shares of OPTT for 0.49 per share on Sep 17 ’25. After the transaction, the President and CEO now owns 517,714 company shares. In a previous transaction on Nov 25 ’24, Slaiby Peter E. bought 35,000 shares at 0.19 per share. OPTT shares that Director owns now total 241,871.

Among the insiders who bought shares, Cryan Terence James acquired of 100,000 shares on Nov 13 ’24 at a per-share price of $0.15. This resulted in the Director holding 358,658 shares of OPTT after the transaction.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, OPTT has a high of $1.75 and a low of $0.14.

As of this writing, OPTT has an earnings estimate of -$0.02 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.02 per share and a lower estimate of -$0.02. The company reported an EPS of -$0.04 in the last quarter

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $0.14, while its Total Shareholder’s Equity was $68.83M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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 4.00.

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.