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
95.80M
Market cap95.80M
Price-Earnings ratio
-2.88
Price-Earnings ratio-2.88
Dividend yield
Dividend yield
Average volume
18.54M
Average volume18.54M
High today
$0.56
High today$0.56
Low today
$0.4554
Low today$0.4554
Open price
$0.5361
Open price$0.5361
Volume
14.96M
Volume14.96M
52 Week high
$1.24
52 Week high$1.24
52 Week low
$0.29
52 Week low$0.29

Stock Snapshot

The current Ocean Power Technologies(OPTT) stock price is $0.49, with a market capitalization of 95.8M. The stock trades at a price-to-earnings (P/E) ratio of -2.88.

On 2026-01-09, Ocean Power Technologies(OPTT) stock traded between a low of $0.46 and a high of $0.56. Shares are currently priced at $0.49, which is +7.6% above the low and -12.5% below the high.

Ocean Power Technologies(OPTT) shares are trading with a volume of 14.96M, against a daily average of 18.54M.

In the last year, Ocean Power Technologies(OPTT) shares hit a 52-week high of $1.24 and a 52-week low of $0.29.

In the last year, Ocean Power Technologies(OPTT) shares hit a 52-week high of $1.24 and a 52-week low of $0.29.

OPTT News

Benzinga 3d
Why Are Investors Paying Attention To Ocean Power?

Shares of Ocean Power Technologies, Inc. (NASDAQ:OPTT) are rising Tuesday after the marine company announced the award of a multi-buoy contract greater than $5...

Why Are Investors Paying Attention To Ocean Power?
TipRanks 3d
Ocean Power wins major multi-buoy Coast Guard contract

Claim 70% Off TipRanks Premium Ocean Power Technologies ( (OPTT) ) has provided an update. On January 6, 2026, Ocean Power Technologies announced it had secur...

TipRanks 3d
Ocean Power awarded $5M contract to deploy, operate PowerBuoy systems

Ocean Power (OPTT) Technologies announced the award of a multi-buoy contract greater than $5 million to deploy and operate MERROWS-equipped PowerBuoy systems in...

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