Ocean Power Technologies, Inc.

OPTTAMEXUSD
0.18 USD
0.00 (2.63%)AT CLOSE (11:59 AM EDT)
0.18
0.00 (0.72%)
POST MARKET (AS OF 08:15 PM EDT)
Post Market
AS OF 08:15 PM EDT
0.18
0.00 (0.72%)
🔴Market: CLOSED

Shares of Ocean Power Technologies, Inc. (OPTT) are trading at $0.18. 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 1/9, negative Return on Equity, a bearish Death Cross on the long-term moving averages and bearish long-term moving average alignment. Furthermore, OPTT is currently richly valued, trading at a premium to sector peers across key valuation metrics.

Technical & fundamental data as of Aug 26, 2026.

Open?$0.18
High?$0.19
Low?$0.17
Prev. Close?$0.19
Volume?5.3M
Avg. Volume?5.4M
VWAP?$0.18
Rel. Volume?0.99x
Bid / Ask
Bid?$0.18 × 14.3K
Ask?$0.18 × 5.0K
Spread?$0.01
Midpoint?$0.18
Valuation & Ratios
Market Cap?48.6M
Shares Out?270.1M
Float?265.8M
Float %?98.4%
P/E Ratio?N/A
P/B Ratio?3.90
EPS?-$0.18
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Ocean Power Technologies Inc is specializing in intelligent maritime solutions. These solutions include a variety of as a service systems, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It design, manufacture, deploy, and operate these systems for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. The company operates as one operating segment. Majority of revenue comes from Europe followed by North & South America; and followed by Asia and Australia.
Employees
65
Market Cap
50.3M
Industry
ELECTRIC SERVICES
Listed
2007-04-24
Address
28 ENGELHARD DRIVE
MONROE TOWNSHIP, NJ 08831
Phone: 609-730-0400
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bearish(-2/3)
Medium-Term (Wave)? Bearish(-1/3)
Short-Term (Ripple)? Bearish(-3/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
6
Z-Score?
0
Momentum?
43
Short Sent.?
44
Piotroski F-Score?1/9Weak
Altman Z-Score?-37.43Distress
Confidence?60%Moderate
Full Fundamental Analysis →
Short InterestHigh
Short % of Float?10.84%High
Short Interest?28.8M
Days to Cover?6.4
Free Float265.8M
Avg Daily Volume4.5M
Settlement Date2026-08-14
Financial Health
Current Ratio?0.60Weak
Quick Ratio?0.48Weak
Cash Ratio?0.33Low
Debt/Equity?0.84Moderate
ValuationFAIRLY VALUEDvs 1 peers + S&P 500
Score
58/100
P/E?
N/A
P/B?
Peers
100
S&P
45
3.90FAIR
P/S?
Peers
100
S&P
3
13.01HIGH
P/FCF?
N/A
EV/EBITDA?
S&P
97
-1.3CHEAP
EV/Sales?
Peers
100
S&P
5
13.47HIGH
Returns & Efficiency
ROE?
S&P
3
-392.1%WEAK
ROA?
S&P
3
-122.5%WEAK
Cash Flow & Enterprise
FCF?$-24783000
Enterprise Value?$50.3M
Fundamentals ratios updated end of day