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
53
Employees53
Headquarters
Monroe Township, New Jersey
HeadquartersMonroe Township, New Jersey
Founded
1984
Founded1984
Employees
53
Employees53

OPTT Key Statistics

Market cap
75.20M
Market cap75.20M
Price-Earnings ratio
-1.67
Price-Earnings ratio-1.67
Dividend yield
Dividend yield
Average volume
5.79M
Average volume5.79M
High today
$0.3775
High today$0.3775
Low today
$0.321
Low today$0.321
Open price
$0.3563
Open price$0.3563
Volume
6.05M
Volume6.05M
52 Week high
$0.90
52 Week high$0.90
52 Week low
$0.29
52 Week low$0.29

Stock Snapshot

With a market cap of 75.2M, Ocean Power Technologies(OPTT) trades at $0.35. The stock has a price-to-earnings ratio of -1.67.

During the trading session on 2026-03-29, Ocean Power Technologies(OPTT) shares reached a daily high of $0.38 and a low of $0.32. At a current price of $0.35, the stock is +9.0% higher than the low and still -7.3% under the high.

Trading activity shows a volume of 6.05M, compared to an average daily volume of 5.79M.

The stock's 52-week range extends from a low of $0.29 to a high of $0.90.

The stock's 52-week range extends from a low of $0.29 to a high of $0.90.

OPTT News

TipRanks 2d
Ocean Power secures contract from underwater research customer

Ocean Power (OPTT) announced it has secured a contract from a new Nordics based underwater research customer for a fully integrated WAM-V for immediate delivery...

TipRanks 3d
Ocean Power Ships First PowerBuoy for Homeland Security

Ocean Power Technologies ( (OPTT) ) has shared an update. On March 24, 2026, Ocean Power Technologies announced it has shipped the first PowerBuoy® system unde...

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