Momentum Is Strong For Ocean Power Technologies (AMEX: OPTT)

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 $93.21M. A total of 4.07 million shares were traded on the day, compared to an average of 5.49M 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.

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 $1.75 and a low of $0.14.

The company reported an EPS of -$0.05 in the last 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 $0.14, 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.

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