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
78.99M
Market cap78.99M
Price-Earnings ratio
-1.77
Price-Earnings ratio-1.77
Dividend yield
Dividend yield
Average volume
4.78M
Average volume4.78M
High today
$0.3455
High today$0.3455
Low today
$0.3448
Low today$0.3448
Open price
$0.36
Open price$0.36
Volume
10.72K
Volume10.72K
52 Week high
$0.90
52 Week high$0.90
52 Week low
$0.29
52 Week low$0.29

Stock Snapshot

The current Ocean Power Technologies(OPTT) stock price is $0.34, with a market capitalization of 78.99M. The stock trades at a price-to-earnings (P/E) ratio of -1.77.

On 2026-04-02, Ocean Power Technologies(OPTT) stock traded between a low of $0.34 and a high of $0.35. Shares are currently priced at $0.34, which is +0.0% above the low and -0.2% below the high.

Ocean Power Technologies(OPTT) shares are trading with a volume of 10.72K, against a daily average of 4.78M.

In the last year, Ocean Power Technologies(OPTT) shares hit a 52-week high of $0.90 and a 52-week low of $0.29.

In the last year, Ocean Power Technologies(OPTT) shares hit a 52-week high of $0.90 and a 52-week low of $0.29.

OPTT News

TipRanks 17h
Ocean Power Technologies Issues Senior Convertible Notes Financing

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of mark...

TipRanks 6d
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 7d
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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