OPTT - Ocean Power Technologies Inc Stock Price, Fair Value and News

0.19USD0.00 (0.00%)Market Closed

Market Summary

USD0.190.00

Market Closed

0.00%

OPTT Stock Price

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OPTT RSI Chart

OPTT Valuation

Market Cap

11.3M

Price/Earnings (Trailing)

-0.37

Price/Sales (Trailing)

2.29

EV/EBITDA

-0.22

Price/Free Cashflow

-0.35

OPTT Price/Sales (Trailing)

OPTT Profitability

Operating Margin

37.10%

EBT Margin

-639.61%

Return on Equity

-119.95%

Return on Assets

-87.67%

Free Cashflow Yield

-282.24%

OPTT Fundamentals

OPTT Revenue

Revenue (TTM)

4.9M

Rev. Growth (Yr)

144.14%

Rev. Growth (Qtr)

101.57%

OPTT Earnings

Earnings (TTM)

-30.3M

Earnings Growth (Yr)

-6.88%

Earnings Growth (Qtr)

9.76%

Breaking Down OPTT Revenue

Last 7 days

-9.5%

Last 30 days

-29.6%

Last 90 days

-40.6%

Trailing 12 Months

-62.7%

How does OPTT drawdown profile look like?

OPTT Financial Health

Current Ratio

2.49

Debt/Equity

0.02

Debt/Cashflow

-76.54

OPTT Investor Care

Shares Dilution (1Y)

5.78%

Diluted EPS (TTM)

-0.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	4.9M	0	0	0
2023	2.5M	2.7M	3.3M	3.9M
2022	1.6M	1.8M	2.2M	2.3M
2021	1.2M	1.2M	1.3M	1.4M
2020	1.3M	1.7M	1.6M	1.6M
2019	662.0K	632.0K	803.0K	866.0K
2018	539.0K	511.0K	347.0K	394.0K
2017	693.0K	843.0K	836.0K	760.0K
2016	1.6M	705.0K	801.3K	476.9K
2015	4.0M	4.1M	3.3M	2.4M
2014	1.5M	1.5M	2.6M	3.9M
2013	4.6M	3.6M	3.1M	2.2M
2012	6.3M	5.7M	4.8M	4.7M
2011	0	6.7M	7.2M	6.9M
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Ocean Power Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 22, 2024	burdyny matthew	sold (taxes)	-696	0.27	-2,581	chief commercial officer
Jan 22, 2024	purcel diana g	acquired	-	-	110,294	-
Jan 22, 2024	cryan terence james	acquired	-	-	110,294	-
Jan 22, 2024	hewlett clyde w	acquired	-	-	110,294	-
Jan 22, 2024	slaiby peter e.	acquired	-	-	110,294	-
Jan 22, 2024	lorenz anderson natalie m.	acquired	-	-	110,294	-
Jan 22, 2024	powers robert patrick	acquired	-	-	26,170	chief financial officer
Jan 22, 2024	powers robert patrick	sold (taxes)	-2,448	0.27	-9,068	chief financial officer
Jan 22, 2024	stratmann philipp	sold (taxes)	-3,796	0.27	-14,061	chief executive officer
Jan 22, 2024	dipietro joseph	acquired	-	-	4,657	chief accounting officer

Which funds bought or sold OPTT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 11, 2024	Cooper Financial Group	sold off	-100	-3,160	-	-%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-134,261	573,332	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-9,000	-	-%
Feb 15, 2024	Farther Finance Advisors, LLC	new	-	592	592	-%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	15,443	15,443	-%
Feb 15, 2024	TOWNSQUARE CAPITAL LLC	unchanged	-	-1,184	5,056	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	147	14,998	29,877	-%
Feb 14, 2024	Royal Bank of Canada	reduced	-44.49	-	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-9,620	41,080	-%

Are Funds Buying or Selling OPTT?

Are funds buying OPTT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OPTT

No. of Funds

Unveiling Ocean Power Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 17, 2024	paragon technologies, inc.	3.7%	2,189,310	SC 13D/A
Dec 04, 2023	paragon technologies, inc.	4.9%	3,008,922	SC 13D/A
Nov 15, 2023	paragon technologies, inc.	4.0%	2,361,594	SC 13D/A
Oct 24, 2023	paragon technologies, inc.	3.9%	2,316,307	SC 13D/A
Oct 10, 2023	paragon technologies, inc.	3.9%	2,298,076	SC 13D/A
Sep 12, 2023	paragon technologies, inc.	3.8%	2,258,076	SC 13D/A
Jul 14, 2023	paragon technologies, inc.	4.0%	2,229,443	SC 13D/A
Jul 07, 2023	paragon technologies, inc.	3.9%	2,179,059	SC 13D
Feb 12, 2021	awm investment company, inc.	2.3%	714,280	SC 13G/A
Feb 10, 2021	hudson bay capital management lp	2.28%	717,280	SC 13G/A

Recent SEC filings of Ocean Power Technologies Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	DFAN14A	DFAN14A
Apr 17, 2024	8-K	Current Report
Apr 17, 2024	SC 13D/A	13D - Major Acquisition
Apr 16, 2024	8-K	Current Report
Apr 12, 2024	DFAN14A	DFAN14A
Apr 08, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 27, 2024	8-K	Current Report
Mar 21, 2024	424B5	Prospectus Filed
Mar 21, 2024	8-K	Current Report

Peers (Alternatives to Ocean Power Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	185.5B	67.1B	1.47%	62.63%	17.96	2.77	12.84%	54.12%
GE	178.0B	69.5B	-7.14%	62.41%	50.71	2.56	16.04%	-60.91%
AME	41.6B	6.6B	-1.75%	30.66%	31.66	6.3	7.26%	13.25%
CMI	41.5B	34.1B	0.77%	24.55%	49.41	1.22	21.34%	-61.52%
ACM	12.8B	14.9B	-3.84%	13.22%	206.5	0.86	12.31%	-81.65%
MID-CAP
APG	9.4B	6.9B	-1.29%	73.44%	61.29	1.35	5.64%	109.59%
FLR	6.9B	15.5B	-1.82%	35.74%	49.67	0.44	12.59%	-4.48%
FLS	6.2B	4.3B	3.22%	41.84%	33.09	1.43	19.51%	-1.03%
ACA	3.8B	2.3B	-8.15%	30.64%	23.72	1.64	2.90%	-35.23%
ALG	2.5B	1.7B	-4.39%	12.55%	18.09	1.46	11.63%	33.59%
SMALL-CAP
AMRC	1.1B	1.4B	5.72%	-55.23%	17.44	0.79	-24.65%	-34.19%
NKLA	854.8M	35.8M	-3.03%	-21.97%	-0.88	23.85	-27.93%	-23.21%
AGX	816.5M	573.3M	21.18%	53.29%	25.23	1.42	26.00%	-2.24%
AMSC	379.0M	135.4M	-5.37%	202.95%	-23.11	2.8	-25.90%	65.37%
ADES	228.0M	99.2M	9.94%	268.82%	-18.62	2.3	-3.69%	-37.37%

Ocean Power Technologies Inc News

Latest updates

Ocean Power Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	101.6%	1,792,000	889,000	1,272,000	980,500	734,000	303,000	714,000	756,000	484,000	247,000	272,000	602,000	317,000	118,000	169,000	551,000	725,000	204,000	202,000	192,000	268,000
Cost Of Revenue	144.1%	979,000	401,000	609,000	1,114,000	598,000	264,000	520,000	540,000	597,000	300,000	423,000	1,031,000	698,000	216,000	334,000	451,500	681,000	288,000	367,000	123,500	400,000
Gross Profit	66.6%	813,000	488,000	663,000	-133,500	136,000	39,000	194,000	216,000	-113,000	-53,000	-151,000	-429,000	-381,000	-98,000	-165,000	99,500	44,000	-84,000	-165,000	68,500	-132,000
Operating Expenses	7.0%	8,551,000	7,995,000	8,103,000	9,905,500	6,820,000	6,409,000	6,318,000	6,001,000	5,439,000	5,132,000	4,880,000	3,594,000	2,782,000	2,904,000	3,239,000	2,228,500	2,989,000	3,147,000	2,895,000	2,586,000	3,390,000
S&GA Expenses	-	-	-	-	-	-	-	-	-	2,974,000	2,050,000	2,909,000	2,181,000	1,763,000	1,841,000	1,987,000	1,287,500	2,093,000	1,838,000	1,697,000	1,707,000	2,008,000
EBITDA Margin	17.6%	-6.12	-7.43	-8.05	-9.34	-8.83	-9.50	-10.01	-11.61	-12.27	-12.07	-11.62	-12.02	-9.92	-7.18	-	-	-	-	-	-	-
Interest Expenses	-44.1%	151,000	270,000	339,000	298,000	229,000	234,000	141,000	68,500	16,000	19,000	20,000	79,500	25,000	8,000	11,000	22,500	27,000	32,000	42,000	12,500	2,000
Income Taxes	-Infinity%	-1,254,000	-	-	-	-278,000	-	-	-782,000	-	-	-1,041,000	-	-	-	-	-	-	-	-	-1,700,000	850,000
Earnings Before Taxes	-7.6%	-7,763,000	-7,213,000	-7,039,000	-9,540,000	-6,368,000	-4,844,000	-5,852,000	-5,935,000	-5,471,000	-5,171,000	-4,120,000	-5,200,000	-3,151,000	-3,024,000	-3,385,000	-2,114,000	-2,919,000	-	-	-2,505,000	-3,461,000
EBT Margin	17.8%	-6.40	-7.78	-8.45	-9.74	-9.17	-9.79	-10.19	-11.77	-12.44	-12.27	-11.84	-12.24	-10.11	-7.32	-	-	-	-	-	-	-
Net Income	9.8%	-6,509,000	-7,213,000	-7,039,000	-9,540,000	-6,090,000	-4,844,000	-5,852,000	-5,153,000	-5,471,000	-5,171,000	-3,079,000	-5,200,000	-3,151,000	-3,024,000	-3,385,000	-1,219,000	-2,919,000	-3,189,000	-3,025,000	-2,505,000	-2,611,000
Net Income Margin	20.3%	-6.14	-7.71	-8.36	-9.64	-8.75	-9.45	-9.84	-10.73	-11.79	-11.54	-11.04	-12.24	-9.33	-6.75	-	-	-	-	-	-	-
Free Cashflow	-20.6%	-9,731,000	-8,070,000	-8,123,000	-5,946,000	-5,222,000	-6,032,000	-5,148,000	-5,335,000	-5,707,000	-5,105,000	-5,294,000	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-12.8%	34,564	39,622	45,679	53,374	59,043	64,638	67,998	73,393	78,356	75,820	81,191	86,377	82,893	18,561	14,402	13,538	13,756	15,258	16,159	18,366	4,577
Current Assets	-26.4%	17,544	23,831	30,090	37,673	45,222	50,719	54,011	59,304	64,987	74,079	79,361	84,439	81,249	16,854	12,606	11,653	11,784	13,214	14,107	17,619	3,790
Cash Equivalents	43.4%	4,720	3,292	3,863	6,883	10,920	10,030	9,176	7,885	63,454	72,630	77,720	83,028	79,801	15,244	11,065	10,002	9,877	10,495	13,332	16,660	2,220
Inventory	35.9%	3,460	2,546	1,730	1,044	1,436	1,028	588	442	193	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	22.8%	2,217	1,806	1,342	1,280	591	506	458	445	365	360	373	406	417	425	462	499	536	559	583	592	632
Goodwill	0%	8,537	8,537	8,537	8,537	8,537	8,537	8,537	8,537	7,754	8,537	-	-	-	-	-	-	-	-	-	-	-
Liabilities	16.7%	9,303	7,971	7,116	9,421	6,101	5,871	4,686	4,562	4,814	3,047	3,426	5,909	4,694	4,911	4,285	3,045	3,982	4,510	3,331	2,591	3,128
Current Liabilities	4.9%	7,035	6,708	5,745	7,907	4,746	4,472	3,217	2,978	4,199	2,357	2,652	4,694	3,312	3,462	2,730	1,902	2,843	3,312	2,078	2,444	2,981
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	396	-	-	-	-	-	-	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	495	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	396	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-20.2%	25,261	31,651	38,563	43,953	52,942	58,767	63,312	68,831	73,542	72,773	77,765	80,468	78,199	13,784	10,117	10,493	9,774	10,749	12,828	15,775	1,449
Retained Earnings	-2.2%	-300,857	-294,300	-287,100	-280,096	-270,600	-264,500	-259,600	-253,770	-248,617	-243,191	-237,975	-234,895	-229,696	-226,545	-223,521	-220,136	-218,917	-215,998	-212,809	-209,784	-207,279
Additional Paid-In Capital	0.0%	326,472	326,342	326,041	324,393	323,843	323,564	323,265	322,932	322,626	316,389	316,211	315,820	310,342	240,648	234,089	231,101	229,167	227,214	226,099	226,026	209,173
Accumulated Depreciation	-	1,839	-	-	1,571	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	1.1%	59,463	58,789	58,732	56,264	55,918	55,899	55,890	-	55,308,799	52,459,122	52,458,011	-	23,160,885	-	15,677	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	-	-	-	40,800	-	-	-	40,800	-	-	-	9,300	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-22.7%	-9,205	-7,505	-7,990	-5,618	-5,088	-5,909	-5,092	-5,509	-5,412	-5,088	-5,287	-3,149	-2,843	-2,945	-2,737	-1,948	-2,213	-2,813	-3,605	-2,290	-2,235
Share Based Compensation	-66.7%	100	300	400	539	300	300	333	305	317	157	390	383	115	107	116	116	56.00	76.00	92.00	95.00	65.00
Cashflow From Investing	53.4%	10,590	6,903	4,973	1,582	5,734	6,763	6,383	-50,168	-3,839	-17.00	-7.00	91.00	-	-	-	-4.00	-20.00	-13.00	-28.00	-	-2.00
Cashflow From Financing	-137.9%	-11.00	29.00	-2.00	-	-	-	-	-3.00	69.00	-	-	6,183	67,412	6,807	3,768	2,094	1,626	746	-19.00	16,743	392
Buy Backs	-	-	-	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	-	-

OPTT Income Statement

2024-01-31

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Income Statement [Abstract]
Revenues	$ 1,792	$ 734	$ 3,953	$ 1,752
Cost of revenues	979	598	1,989	1,382
Gross margin	813	136	1,964	370
Operating expenses	8,551	6,820	24,648	19,546
(Gain)/loss from change in fair value of consideration	(33)	373	(117)	154
Operating loss	(7,705)	(7,057)	(22,567)	(19,330)
Interest income, net	151	229	760	604
Other income, proceeds from insurance claim		458		458
Other income, employee retention credit				1,202
Loss on disposition of assets (Note 7)	(210)		(210)
Foreign exchange gain	1	2	2	2
Loss before income taxes	(7,763)	(6,368)	(22,015)	(17,064)
Income tax benefit	1,254	278	1,254	278
Net loss	$ (6,509)	$ (6,090)	$ (20,761)	$ (16,786)
Basic net loss per share	$ (0.11)	$ (0.11)	$ (0.35)	$ (0.30)
Diluted net loss per share	$ (0.11)	$ (0.11)	$ (0.35)	$ (0.30)
Weighted average shares used to compute basic net loss per common share	58,865,898	55,966,672	58,790,160	55,918,284
Weighted average shares used to compute diluted net loss per common share	58,865,898	55,966,672	58,790,160	55,918,284

OPTT Balance Sheet

2024-01-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2024	Apr. 30, 2023
Current assets:
Cash and cash equivalents	$ 4,720	$ 6,883
Short term investments	4,377	27,790
Restricted cash, short-term	154	65
Accounts receivable	625	745
Contract assets	281	152
Inventory	3,460	1,044
Other current assets	3,927	994
Total current assets	17,544	37,673
Property and equipment, net	2,217	1,280
Intangibles, net	3,656	3,978
Right-of-use assets, net	2,610	1,751
Restricted cash, long-term		155
Goodwill	8,537	8,537
Total assets	34,564	53,374
Current liabilities:
Accounts payable	1,466	952
Earnout payable		1,500
Accrued expenses	2,991	2,346
Contingent liabilities	1,085	1,202
Right-of-use liabilities, current portion	625	529
Contract liabilities	868	1,378
Total current liabilities	7,035	7,907
Deferred tax liability	203	203
Right-of-use liabilities, less current portion	2,065	1,311
Total liabilities	9,303	9,421
Commitments and contingencies (Note 14)
Shareholders’ Equity:
Preferred stock, $0.001 par value; authorized 5,000,000 shares, none issued or outstanding; 100,000 designated as Series A
Common stock, $0.001 par value; authorized 100,000,000 shares, issued 59,551,090 shares and 56,304,642 shares, respectively; outstanding 59,463,073 shares and 56,263,728 shares, respectively	59	56
Treasury stock, at cost; 88,017 shares and 40,914 shares, respectively	(368)	(355)
Additional paid-in capital	326,472	324,393
Accumulated deficit	(300,857)	(280,096)
Accumulated other comprehensive loss	(45)	(45)
Total shareholders’ equity	25,261	43,953
Total liabilities and shareholders’ equity	$ 34,564	$ 53,374

About Ocean Power Technologies Inc

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Australia, and Asia. It offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. The company also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. It serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

CEO	Mr. Philipp Stratmann
WEBSITE	oceanpowertechnologies.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	72

Ocean Power Technologies Inc Frequently Asked Questions

What is the ticker symbol for Ocean Power Technologies Inc? What does OPTT stand for in stocks?

OPTT is the stock ticker symbol of Ocean Power Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ocean Power Technologies Inc (OPTT)?

As of Tue Apr 23 2024, market cap of Ocean Power Technologies Inc is 11.3 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OPTT stock?

You can check OPTT's fair value in chart for subscribers.

What is the fair value of OPTT stock?

You can check OPTT's fair value in chart for subscribers. The fair value of Ocean Power Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ocean Power Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OPTT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ocean Power Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether OPTT is over valued or under valued. Whether Ocean Power Technologies Inc is cheap or expensive depends on the assumptions which impact Ocean Power Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OPTT.

What is Ocean Power Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, OPTT's PE ratio (Price to Earnings) is -0.37 and Price to Sales (PS) ratio is 2.29. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OPTT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ocean Power Technologies Inc's stock?

In the past 10 years, Ocean Power Technologies Inc has provided -0.551 (multiply by 100 for percentage) rate of return.