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. The firm offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves. 

CEO
J. Philipp Stratmann
CEOJ. Philipp Stratmann
Employees
65
Employees65
Headquarters
Monroe Township, New Jersey
HeadquartersMonroe Township, New Jersey
Founded
1984
Founded1984
Employees
65
Employees65

OPTT Key Statistics

Market cap
28.80M
Market cap28.80M
Price-Earnings ratio
-0.44
Price-Earnings ratio-0.44
Dividend yield
Dividend yield
Average volume
11.28M
Average volume11.28M
High today
$0.1476
High today$0.1476
Low today
$0.0952
Low today$0.0952
Open price
$0.1376
Open price$0.1376
Volume
63.56M
Volume63.56M
52 Week high
$0.72
52 Week high$0.72
52 Week low
$0.0952
52 Week low$0.0952

Stock Snapshot

With a market cap of 28.8M, Ocean Power Technologies(OPTT) trades at $0.11. The stock has a price-to-earnings ratio of -0.44.

On 2026-09-12, Ocean Power Technologies(OPTT) stock moved within a range of $0.10 to $0.15. With shares now at $0.11, the stock is trading +14.5% above its intraday low and -26.2% below the session's peak.

Trading activity shows a volume of 63.56M, compared to an average daily volume of 11.28M.

Over the past 52 weeks, Ocean Power Technologies(OPTT) stock has traded between a high of $0.72 and a low of $0.10.

Over the past 52 weeks, Ocean Power Technologies(OPTT) stock has traded between a high of $0.72 and a low of $0.10.

OPTT News

TipRanks 1d
Ocean Power Technologies Approves 1-for-30 Reverse Stock Split

An update from Ocean Power Technologies ( (OPTT) ) is now available. Ocean Power Technologies on September 10, 2026 announced that its stockholders had approve...

Benzinga 1d
Ocean Power Technologies Stock Drops Sharply After Hours: Here's Why

Ocean Power Technologies, Inc. (NASDAQ:OPTT) shares fell 21.69% in after-hours trading Thursday after the company announced a reverse stock split. The stock cl...

Ocean Power Technologies Stock Drops Sharply After Hours: Here's Why
TipRanks 2d
Ocean Power announces 1-for-30 reverse stock split

Ocean Power (OPTT) announced a 1-for-30 reverse stock split of the company’s common stock. The common Ssock will begin trading on a split-adjusted basis on the...

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