Ocean Power Technologies (AMEX: OPTT): This Is The Year For Success Over The Next Few Months

ZM Stock

In the latest trading session,, 2.61 million Ocean Power Technologies (AMEX:OPTT) shares changed hands as the company’s beta touched 2.66. With the company’s most recent per share price at $0.59 changing hands around $0.05 or 7.99% at last look, the market valuation stands at $101.34M. OPTT’s current price is a discount, trading about -196.61% off its 52-week high of $1.75. The share price had its 52-week low at $0.12, which suggests the last value was 79.66% up since then.

Ocean Power Technologies (AMEX:OPTT) trade information

Instantly OPTT is in green as seen in intraday trades today. With action 20.45%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -42.49%, with the 5-day performance at 20.45% in the green. However, in the 30-day time frame, Ocean Power Technologies (AMEX:OPTT) is 25.48% up.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 45.31%.

OPTT Dividends

Ocean Power Technologies is expected to release its next quarterly earnings report in July.

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

Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 3.65 shares estimated at $2.13 million under it, the former controlled 7.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 5.05% of the shares, roughly 2.57 shares worth around $1.5 million.

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