OPTT:NYSEAMERICAN
Ocean Power Technologies Inc
$0.16
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+0.76%(+0.0012) 1D
$0.14
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-12.56% (-0.020)todayPre-market
Closed: Sep 10, 4:00:00 PM GMT-4 · USD
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insights_autoGenerating top insights for OPTT...
Open
$0.16
High
$0.16
Low
$0.15
Mkt. cap
42.90M
Avg. vol.
5.18M
Volume
191.52K
52-wk high
$0.72
52-wk low
$0.13
EPS
-$0.25
Beta
2.60
Shares outstanding
270.14M
No. of employees
65
Open
$0.16
High
$0.16
Low
$0.15
Mkt. cap
42.90M
Avg. vol.
5.18M
Volume
191.52K
52-wk high
$0.72
52-wk low
$0.13
EPS
-$0.25
Beta
2.60
Shares outstanding
270.14M
No. of employees
65
News stories
From web sources and news partners
Benzinga
·
3 hours ago
Ocean Power Technologies (OPTT) Stock Drops Sharply After Hours: Here's Why
GuruFocus
·
10 hours ago
OPTT Looks 33.3% Overvalued on GF Valueâ„¢
marketscreener.com
·
10 hours ago
Ocean Power Technologies to Implement 1-for-30 Reverse Stock Split, Shares Fall
TipRanks
·
12 hours ago
Ocean Power announces 1-for-30 reverse stock split
Profile
Ocean Power Technologies is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept has been problematic.
Ocean Power was involved in several large PowerBuoy projects, including a very large Australian project with Lockheed Martin from 2012–2014, when they determined that "the project wasn’t 'commercially viable,' and [the company] changed its strategy. It has since commercialized the technology by providing power and communications to remote sites such as offshore oil fields."
Ocean Power Technologies Australasia Pty Ltd, OPTA is an Australian-owned subsidiary of Ocean Power Technologies Inc, previously engaged in wave power projects in Australia. Ocean Power Technologies Limited is the UK-based wholly owned subsidiary. Wikipedia
About Ocean Power Technologies Inc
CEOPhilipp Stratmann
Employees65
Founded1984
HeadquartersMonroe Township, New Jersey, United States
Sectorcapital good
Websiteoceanpowertechnologies.com