During the last session, Ocean Power Technologies (AMEX:OPTT)’s traded shares were 5.42 million, with the beta value of the company hitting 2.54. 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 $116.17M, and the average intraday trading volume over the past 10 days was 14.31 million shares, and the average trade volume was 44.16 million shares over the past three months.

Ocean Power Technologies (AMEX:OPTT) trade information

Ocean Power Technologies (OPTT) registered a -0.10% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.10% in intraday trading to $0.80, hitting a weekly high. The stock’s 5-day price performance is -6.43%, and it has moved by -10.32% in 30 days. Based on these gigs, the overall price performance for the year is 140.91%. 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.

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 Sep 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 $0.8 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 $0.6 million.