During the last session, Ocean Power Technologies (AMEX:OPTT)’s traded shares were 0.81 million, with the beta value of the company hitting 2.22. The 52-week high for the OPTT share is $0.57, that puts it down -280.0 from that peak though still a striking 20.0% gain since the share price plummeted to a 52-week low of $0.12. The company’s market capitalization is $14.93M, and the average intraday trading volume over the past 10 days was 2.51 million shares, and the average trade volume was 3.46 million shares over the past three months.
Ocean Power Technologies (AMEX:OPTT) trade information
Ocean Power Technologies (OPTT) registered a 0.20% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.20% in intraday trading to $0.15, hitting a weekly high. The stock’s 5-day price performance is 5.85%, and it has moved by -1.76% in 30 days. Based on these gigs, the overall price performance for the year is -48.88%. The short interest in Ocean Power Technologies (AMEX:OPTT) is 3.62 million shares and it means that shorts have 1.39 day(s) to cover.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 45.31%.
OPTT Dividends
Ocean Power Technologies is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ocean Power Technologies (AMEX:OPTT)’s Major holders
Ocean Power Technologies insiders own 2.90% of total outstanding shares while institutional holders control 11.66%, with the float percentage being 12.01%. VANGUARD GROUP INC is the largest shareholder of the company, while 42.0 institutions own stock in it. As of 2024-06-30, the company held over 1.76 million shares (or 2.9894% of all shares), a total value of $0.34 million in shares.
The next largest institutional holding, with 0.58 million shares, is of BLACKROCK INC.’s that is approximately 0.9809% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.11 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ocean Power Technologies (OPTT) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.0 shares. This amounts to just over 1.96 percent of the company’s overall shares, with a $0.15 million market value. The same data shows that the other fund manager holds slightly less at 753.87, or about 1.48% of the stock, which is worth about $0.11 million.
