Ocean Power Technologies (AMEX:OPTT) Has Recovered -51.79 Percent This Year, But Further Gains Of -257.14% Are Not Out Of The Question.

In last trading session, Ocean Power Technologies (AMEX:OPTT) saw 3.56 million shares changing hands with its beta currently measuring 2.65. Company’s recent per share price level of $0.49 trading at -$0.01 or -1.86% at ring of the bell on the day assigns it a market valuation of $84.94M. That closing price of OPTT’s stock is at a discount of -257.14% from its 52-week high price of $1.75 and is indicating a premium of 73.47% from its 52-week low price of $0.13.

Ocean Power Technologies (AMEX:OPTT) trade information

Upright in the red during last session for losing -1.86%, in the last five days OPTT remained trading in the red while hitting it’s week-highest on Friday, 06/20/25 when the stock touched $0.49 price level, adding 10.89% to its value on the day. Ocean Power Technologies’s shares saw a change of 278.23% in year-to-date performance and have moved -6.25% in past 5-day. Ocean Power Technologies (AMEX:OPTT) showed a performance of -5.37% in past 30-days.

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

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.

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