Ocean Power Technologies (AMEX:OPTT)’s traded shares stood at 18.16 million during the last session, with the company’s beta value hitting 2.89. At the close of trading, the stock’s price was $0.37, to imply a decrease of -10.62% or -$0.04 in intraday trading. The OPTT share’s 52-week high remains $0.82, putting it -121.62% down since that peak but still an impressive 67.57% since price per share fell to its 52-week low of $0.12. The company has a valuation of $46.42M, with an average of 113.43 million shares in intraday trading volume over the past 10 days and average of 20.94 million shares over the past 3 months.
Ocean Power Technologies (AMEX:OPTT) trade information
After registering a -10.62% downside in the last session, Ocean Power Technologies (OPTT) has traded red over the past five days. The 5-day price performance for the stock is -0.22%, and 146.51% over 30 days. With these gigs, the year-to-date price performance is 16.39%. Short interest in Ocean Power Technologies (AMEX:OPTT) saw shorts transact 2.8 million shares and set a 1.33 days time to cover.
OPTT Dividends
Ocean Power Technologies has its next earnings report out in January. 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 (AMEX:OPTT)’s Major holders
Ocean Power Technologies insiders hold 2.92% of total outstanding shares, with institutional holders owning 3.41% of the shares at 3.52% float percentage. In total, 3.41% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 1.76 million shares (or 2.9894% of shares), all amounting to roughly $0.34 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 0.58 million shares, or about 0.9809% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.11 million.
