Friday, January 12, 2018 2:01:57 PM
By Andrew Carr -January 12, 2018
Ocean Power Technologies, Inc. (OPTT) stock price is moving Upswing along with the volume 1.62 million shares in recent session. Shares are clocking price at $1.18 with change of 2.61%. The company’s 3-months average volume stands at 1.55 million. Currently Analysts have a mean recommendation of 3.00 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. Current trade price levels places OPTT’s stock about -67.85% away from the 52-week high and closed 15.69% away from the 52-week low. The total dollar value of all 18.64 million outstanding shares is 0.02 billion.
The beta factor is 4.62.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. A stock with a beta more than 1 means high volatile and less than 1 means low volatile.
Common shareholders want to know how profitable their capital is in the businesses they invest it in. The company gives a ROE of -103.70%. The higher the ROE, the better the company is at generating profits. Return on Assets (ROA) ratio indicates how profitable a company is relative to its total assets. The ROA is -74.00%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. ROI is -203.50%. A positive result means that returns exceed costs. Analysts therefore consider the investment a net gain. The opposite kind of result, a negative means that costs outweigh returns. Analysts therefore view the investment as a net loss.
Ocean Power Technologies, Inc. (OPTT)’s Quarterly Performance:
Analyzing the overall image of stock during recent quarter then we found that stock performance is trading down -15.71%. This check is giving bearish indication for investors.
Other Historical Performance Trends
A trend analysis is a method of analysis that allows traders to foresee what will come about with a stock in upcoming days. This analysis is based on historical data about the stock’s performance given the overall trends of the market and particular indicators within the market. Performance history gives insight to investors into the health of companies in which they invested. Investors look at the overall trend when buying or selling stocks for their portfolio. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well. Short-term investors can use monthly, weekly and even intraday trend graphs to foresee the direction of stocks.
Investors saw a positive move of 5.36% in last five trading days. This performance is snap optimistic view of last week. The stock is remained in positive radar as stock is rising. Going back previous 30 days we noticed that OPTT performed along premium change of 3.51%. This booming movement indicates the picture of whole previous month is healthy. Currently Ocean Power Technologies, Inc. (OPTT) stock is moving with Upswing trend.
Going move backward a period of six month analysis we come to know that stock dipped -16.90% giving falling alert for Investors. Now we take an assessment of last twelve months period, where stock moved lower with performance of -61.31%. Investors also expect the good YTD performance from the stock. From the start of year 2017 to present date OPTT reported surged performance of 7.27%.
https://www.streetobserver.com/2018/01/12/ocean-power-technologies-inc-optt-stock-moves-15-71-down-in-last-quarter/
Recent OPTT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 09:14:54 PM
- Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2025 Results • GlobeNewswire Inc. • 09/16/2024 09:02:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 08:05:20 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 09/12/2024 01:15:41 PM
- Ocean Power Technologies Awarded $1M Contract for Naval Information Warfare Center Pacific’s Project Overmatch’ Mission Autonomy Proving Grounds • GlobeNewswire Inc. • 09/12/2024 12:41:04 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/12/2024 04:15:05 AM
- Ocean Power Technologies Completes AI capable Merrows™ PowerBuoy® for Delivery to the Middle East • GlobeNewswire Inc. • 09/10/2024 12:00:00 PM
- Ocean Power Technologies Completes New WAM-V for Immediate Delivery to Latin America • GlobeNewswire Inc. • 09/09/2024 12:00:00 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 09/06/2024 08:16:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2024 08:05:34 PM
- Ocean Power Technologies Completes Long Term Testing of Next Generation PowerBuoy® • GlobeNewswire Inc. • 09/05/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 08:19:21 PM
- Ocean Power Technologies Receives Further Contract for PowerBuoy® Deployment with Naval Postgraduate School • GlobeNewswire Inc. • 09/03/2024 12:00:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/30/2024 08:10:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 08:05:15 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/28/2024 09:00:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2024 08:05:35 PM
- Ocean Power Technologies to Report Fiscal 2025 First Quarter Results on September 16, 2024 • GlobeNewswire Inc. • 08/21/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 08:05:30 PM
- Ocean Power Technologies Continues Global Expansion with Signing of Strategic Reseller Agreements in All Key Continents • GlobeNewswire Inc. • 08/12/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:06:06 PM
- Ocean Power Technologies Issues Stockholder Vote and Meeting Reminder • GlobeNewswire Inc. • 08/02/2024 09:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 01:00:34 PM
- Ocean Power Technologies Announces Patent Pending on Innovative Docking and Recharging Buoy Technology • GlobeNewswire Inc. • 08/01/2024 12:00:00 PM
- Ocean Power Technologies Expands in Latin America with Reseller Agreement in Costa Rica • GlobeNewswire Inc. • 07/30/2024 12:00:00 PM
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