Ocean Power Technologies, Inc. (OPTT)

Last Closing Price: 0.50 (2025-05-29)

Company Description

OCEAN POWER TECHNOLOGIES, Inc. is a leading renewable energy company specializing in cost effective, advanced, and environmentally sound offshore wave power technology. The electrical power generated by OPT's technology is key to meeting the energy needs of utilities, independent power producers and the public sector. OPT's PowerBuoy system extracts the natural energy in ocean waves, and is based on the integration of patented technologies in hydrodynamics, electronics, energy conversion and computer control systems. The PowerBuoy is a smart system capable of responding to differing wave conditions.The result is a leading edge, ocean-tested, proprietary system which generates reliable, clean, and environmentally-beneficial electricity.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $5.53M
Net Income (Most Recent Fiscal Year) $-27.48M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 14.02
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.52
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) --
Pre-Tax Margin (Trailing 12 Months) -356.57%
Net Margin (Trailing 12 Months) -356.57%
Return on Equity (Trailing 12 Months) -90.50%
Return on Assets (Trailing 12 Months) -70.35%
Current Ratio (Most Recent Fiscal Quarter) 3.88
Quick Ratio (Most Recent Fiscal Quarter) 2.97
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 0.79
Book Value per Share (Most Recent Fiscal Quarter) $0.32
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $-0.25
Stock
Exchange NYSEMKT
Sector Industrials
Industry Electrical Equipment & Parts
Common Shares Outstanding 172.05M
Free Float 170.33M
Market Capitalization $85.75M
Average Volume (Last 20 Days) 3.93M
Beta (Past 60 Months) 2.64
Percentage Held By Insiders (Latest Annual Proxy Report) 1.00%
Percentage Held By Institutions (Latest 13F Reports) 11.93%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%