Ocean Power Technologies
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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.
CEOJ. Philipp Stratmann
CEOJ. Philipp Stratmann
Employees53
Employees53
HeadquartersMonroe Township, New Jersey
HeadquartersMonroe Township, New Jersey
Founded1984
Founded1984
Employees53
Employees53
OPTT Key Statistics
Market cap98.24M
Market cap98.24M
Price-Earnings ratio-3.32
Price-Earnings ratio-3.32
Dividend yield—
Dividend yield—
Average volume10.29M
Average volume10.29M
High today$0.5644
High today$0.5644
Low today$0.515
Low today$0.515
Open price$0.537
Open price$0.537
Volume4.64M
Volume4.64M
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 5d
A Look at Ocean Power Technologies Valuation Following $16.5 Million Convertible Note FinancingOcean Power Technologies (OPTT) has announced a new convertible note offering, issuing $16.5 million in notes to institutional investors as part of a larger $25...
Simply Wall St 6d
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 7d
Ocean Power Technologies Issues $16.5M Convertible NotesElevate 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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