Ocean Power Technologies (AMEX: OPTT): What It’s Worth And What To Do About It

Ocean Power Technologies (AMEX:OPTT)’s traded shares stood at 0.68 million during the last session, with the company’s beta value hitting 2.14. At the close of trading, the stock’s price was $0.18, to imply a decrease of -8.21% or -$0.01 in intraday trading. The OPTT share’s 52-week high remains $0.77, putting it -327.78% down since that peak but still an impressive 0.0% since price per share fell to its 52-week low of $0.18. The company has a valuation of $10.64M, with an average of 577.22K shares over the past 3 months.

Ocean Power Technologies (AMEX:OPTT) trade information

After registering a -8.21% downside in the last session, Ocean Power Technologies (OPTT) has traded red over the past five days. The stock hit a weekly high of 0.2400, dropping -8.21% in its intraday price action. The 5-day price performance for the stock is -24.76%, and -37.41% over 30 days. With these gigs, the year-to-date price performance is -43.35%.

Ocean Power Technologies (OPTT) estimates and forecasts

Revenue forecast for the current quarter as set by — analysts is -$. Meanwhile, for the quarter ending Jan 1970, a total of — analyst(s) estimate revenue growth to -$.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.

OPTT Dividends

Ocean Power Technologies has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ocean Power Technologies has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.