In last trading session, Ocean Power Technologies (AMEX:OPTT) saw 6.07 million shares changing hands with its beta currently measuring 2.47. Company’s recent per share price level of $0.50 trading at -$0.01 or -1.26% at ring of the bell on the day assigns it a market valuation of $73.04M. That closing price of OPTT’s stock is at a discount of -250.0% from its 52-week high price of $1.75 and is indicating a premium of 76.0% from its 52-week low price of $0.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.29 million shares which gives us an average trading volume of 26.07 million if we extend that period to 3-months.

Ocean Power Technologies (AMEX:OPTT) trade information

Upright in the red during last session for losing -1.26%, in the last five days OPTT remained trading in the red while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $0.50 price level, adding 10.6% to its value on the day. Ocean Power Technologies’s shares saw a change of -50.99% in year-to-date performance and have moved -1.05% in past 5-day. Ocean Power Technologies (AMEX:OPTT) showed a performance of -33.71% in past 30-days. Number of shares sold short was 8.06 million shares which calculate 0.81 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 45.31% during past 5 years.

Ocean Power Technologies (AMEX:OPTT)’s Major holders

Insiders are in possession of 2.53% of company’s total shares while institution are holding 6.15 percent of that, with stock having share float percentage of 6.31%. Investors also watch the number of corporate investors in a company very closely, which is 6.15% institutions for Ocean Power Technologies that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at OPTT for having 1.76 million shares of worth $0.34 million. And as of 2024-06-30, it was holding 2.9894 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 0.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9809 of outstanding shares, having a total worth of $0.11 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.0 shares of worth $0.5 million or 1.96% of the total outstanding shares. The later fund manager was in possession of 753.87 shares on Dec 31, 2024 , making its stake of worth around $0.38 million in the company or a holder of 1.48% of company’s stock.