Ocean Power Technologies, Inc.

OPTTAMEXUSD
0.29 USD
0.10 (24.92%)AT CLOSE (11:59 AM EDT)
0.31
0.02 (6.01%)
POST MARKET (AS OF 08:15 PM EDT)
Post Market
AS OF 08:15 PM EDT
0.31
0.02 (6.01%)
🔴Market: CLOSED
Open?$0.32
High?$0.32
Low?$0.29
Prev. Close?$0.39
Volume?31.6M
Avg. Volume?4.2M
VWAP?$0.30
Rel. Volume?7.62x
Bid / Ask
Bid?$0.30 × 200
Ask?$0.30 × 500
Spread?$0.00
Midpoint?$0.30
Valuation & Ratios
Market Cap?66.1M
Shares Out?228.0M
Float?186.9M
Float %?95.9%
P/E Ratio?N/A
P/B Ratio?3.29
EPS?-$0.16
Dividend?0.00%
Ex-Dividend?N/A

Shares of Ocean Power Technologies, Inc. (OPTT) are trading at $0.29. The stock presents a bearish profile across the board: technical indicators signal "Strong Sell" and our fundamental models agree with a "Sell" rating. Key drivers include a concerning Altman Z-Score in the distress zone, a weak Piotroski F-Score of 0/9, negative Return on Equity and a bearish Death Cross on the long-term moving averages. Furthermore, OPTT is currently richly valued, trading at a premium to sector peers across key valuation metrics.

Technical & fundamental data as of Jun 5, 2026.

News
Profile
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
Employees
53
Market Cap
66.4M
Industry
ELECTRIC SERVICES
Listed
2007-04-24
Address
28 ENGELHARD DRIVE
MONROE TOWNSHIP, NJ 08831
Phone: 609-730-0400
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bearish(-2/3)
Medium-Term (Wave)? Bearish(-3/3)
Short-Term (Ripple)? Bearish(-3/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
3
Z-Score?
0
Momentum?
35
Short Sent.?
65
Piotroski F-Score?0/9Weak
Altman Z-Score?-30.41Distress
Confidence?52%Low
Full Fundamental Analysis →
Short InterestHigh
Short % of Float?7.84%Elevated
Short Interest?14.6M
Days to Cover?5.7
Free Float186.9M
Avg Daily Volume2.6M
Settlement Date2026-05-15
Financial Health
Current Ratio?1.07Adequate
Quick Ratio?0.81Weak
Cash Ratio?0.36Low
Debt/Equity?0.31Low
ValuationFAIRLY VALUEDvs 1 peers + S&P 500
Score
58/100
P/E?
N/A
P/B?
Peers
100
S&P
51
3.29FAIR
P/S?
Peers
100
S&P
3
19.25HIGH
P/FCF?
N/A
EV/EBITDA?
S&P
97
-2.0CHEAP
EV/Sales?
Peers
100
S&P
3
19.01HIGH
Returns & Efficiency
ROE?
S&P
3
-179.2%WEAK
ROA?
S&P
3
-87.5%WEAK
Cash Flow & Enterprise
FCF?$-25839000
Enterprise Value?$65.3M
Fundamentals ratios updated end of day