In last trading session, Ocean Power Technologies (AMEX:OPTT) saw 8.08 million shares changing hands with its beta currently measuring 2.64. Company’s recent per share price level of $0.43 trading at $0.03 or 5.83% at ring of the bell on the day assigns it a market valuation of $73.39M. That closing price of OPTT’s stock is at a discount of -306.98% from its 52-week high price of $1.75 and is indicating a premium of 72.09% 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 3.82 million shares which gives us an average trading volume of 6.98 million if we extend that period to 3-months.

Ocean Power Technologies (AMEX:OPTT) trade information

Upright in the green during last session for gaining 5.83%, in the last five days OPTT remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $0.43 price level, adding 4.44% to its value on the day. Ocean Power Technologies’s shares saw a change of -58.18% in year-to-date performance and have moved 5.10% in past 5-day. Ocean Power Technologies (AMEX:OPTT) showed a performance of -21.26% in past 30-days. Number of shares sold short was 11.97 million shares which calculate 2.27 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 3.22% of company’s total shares while institution are holding 5.20 percent of that, with stock having share float percentage of 5.37%. Investors also watch the number of corporate investors in a company very closely, which is 5.20% 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 2.1473 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 0.7046 of outstanding shares, having a total worth of $0.11 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-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 $0.43 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 $0.32 million in the company or a holder of 1.48% of company’s stock.