In the last trading session, 2.8 million shares of the Ocean Power Technologies (AMEX:OPTT) were traded, and its beta was 2.57. Most recently the company’s share price was $0.60, and it changed around $0.02 or 2.26% from the last close, which brings the market valuation of the company to $87.41M. OPTT currently trades at a discount to its 52-week high of $1.75, offering almost -191.67% off that amount. The share price’s 52-week low was $0.12, which indicates that the current value has risen by an impressive 80.0% since then.

Ocean Power Technologies (AMEX:OPTT) trade information

Instantly OPTT has showed a green trend with a performance of 2.26% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.6925 on recent trading dayincreased the stock’s daily price by 13.36%. The company’s shares are currently down -41.35% year-to-date, but still down -7.17% over the last five days. On the other hand, Ocean Power Technologies (AMEX:OPTT) is -11.02% down in the 30-day period.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 45.31%.

OPTT Dividends

Ocean Power Technologies’s next quarterly earnings report is expected to be released in April.

BLACKROCK INC., with 0.9809% or 0.58 million shares worth $0.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 1.0 shares worth $0.6 million, making up 1.96% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 753.87 shares worth around $0.45 million, which represents about 1.48% of the total shares outstanding.