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Ocean Power Technologies Inc

Closed

2.28 7.55

Overview

Share price change

24h

Current

Min

2.11

Max

2.34

Key metrics

By Trading Economics

Income

23M

-11M

Sales

-254K

1.7M

EPS

-1.88

Profit margin

-618.732

Employees

65

EBITDA

963K

-15M

Recommendations

By TipRanks

Recommendations

Buy

12 Months Forecast

+2032.7% upside

Market Stats

By TradingEconomics

Market Cap

25M

Previous open

-5.27

Previous close

2.28

Ocean Power Technologies Inc Chart

Past performance is not a reliable indicator of future results.

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Peer Comparison

Price change

Ocean Power Technologies Inc Forecast

Price Target

By TipRanks

2032.7% upside

12 Months Forecast

Average 45 USD  2032.7%

High 45 USD

Low 45 USD

Based on 1 Wall Street analysts offering 12 month price targets forOcean Power Technologies Inc - Dist in the last 3 months.

Rating Consensus

By TipRanks

Buy

1 ratings

1

Buy

0

Hold

0

Sell

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Ocean Power Technologies Inc

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.