During the last session, Ocean Power Technologies (AMEX:OPTT)’s traded shares were 5.51 million, with the beta value of the company hitting 2.55. At the end of the trading day, the stock’s price was $0.80, reflecting an intraday gain of 5.53% or $0.05. The 52-week high for the OPTT share is $1.75, that puts it down -118.75 from that peak though still a striking 85.0% gain since the share price plummeted to a 52-week low of $0.12. The company’s market capitalization is $116.28M, and the average intraday trading volume over the past 10 days was 15.05 million shares, and the average trade volume was 44.13 million shares over the past three months.

Ocean Power Technologies (AMEX:OPTT) trade information

Ocean Power Technologies (OPTT) registered a 5.53% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 5.53% in intraday trading to $0.80, hitting a weekly high. The stock’s 5-day price performance is -12.54%, and it has moved by 4.48% in 30 days. Based on these gigs, the overall price performance for the year is 141.88%. The short interest in Ocean Power Technologies (AMEX:OPTT) is 10.56 million shares and it means that shorts have 0.38 day(s) to cover.

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 March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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.