Ocean Power Technologies

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About OPTT

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves.

CEO

J. Philipp Stratmann

CEOJ. Philipp Stratmann

Employees

Employees53

Headquarters

Monroe Township, New Jersey

HeadquartersMonroe Township, New Jersey

Founded

1984

Founded1984

Employees

Employees53

OPTT Key Statistics

Market cap

103.95M

Market cap103.95M

Price-Earnings ratio

-3.54

Price-Earnings ratio-3.54

Dividend yield

—

Dividend yield—

Average volume

9.43M

Average volume9.43M

High today

$0.6402

High today$0.6402

Low today

$0.5606

Low today$0.5606

Open price

$0.5975

Open price$0.5975

Volume

13.25M

Volume13.25M

52 Week high

$1.75

52 Week high$1.75

52 Week low

$0.14

52 Week low$0.14

OPTT News

Simply Wall St 13h

Is Ocean Power Technologies’ Fresh Funding Move a Turning Point for Its Capital Strategy?

Ocean Power Technologies recently entered into a securities purchase agreement with institutional investors to issue and sell up to US$25 million in convertible...

TipRanks 1d

Ocean Power Technologies Issues $16.5M Convertible Notes

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to...

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