Ocean Power Technologies (AMEX:OPTT) currently has a daily average trading volume of 4.03M but it saw 3556349 shares traded in last market. With a market cap of 84.94M USD, the company’s current market price of $0.49 came falling about -1.86 while comparing to the previous closing price of $0.5. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.75 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.4901 while lowest mark touched by it was $0.53.
UBS issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $19 and $14.
Over the week, OPTT’s stock price is moving -6.25% down while it is -5.37% when we observe its performance for the past one month. Year-to-date it is 278.23% up and over the past year, the stock is showing a downside performance of -51.79%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Ocean Power Technologies’s total number of outstanding shares is 170.00M with 3.21% of that held by the insiders while 8.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -73.03% and return on equity (ROE) at -80.51%. Stock’s beta reads 2.65. Stock has a price to book (P/B) ratio of 2.89 while price to sale or P/S ratio amounts to 13.88. Its return on asset (ROA) is -63.24% on average.
