In the last trading session, 2.93 million shares of the Ocean Power Technologies (AMEX:OPTT) were traded, and its beta was 2.76. Most recently the company’s share price was $0.52, and it changed around -$0.03 or -5.70% from the last close, which brings the market valuation of the company to $89.76M. OPTT currently trades at a discount to its 52-week high of $1.75, offering almost -236.54% off that amount. The share price’s 52-week low was $0.12, which indicates that the current value has risen by an impressive 76.92% since then.

Ocean Power Technologies (AMEX:OPTT) trade information

Instantly OPTT has showed a red trend with a performance of -5.70% 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 0.5626 on recent trading dayincreased the stock’s daily price by 7.57%. The company’s shares are currently down -49.06% year-to-date, but still down -9.43% over the last five days. On the other hand, Ocean Power Technologies (AMEX:OPTT) is 21.80% up 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 June.

BLACKROCK INC., with 0.7046% or 0.58 million shares worth $0.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.0 shares worth $0.52 million, making up 1.96% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held roughly 811.99 shares worth around $0.42 million, which represents about 1.59% of the total shares outstanding.