OPTT

#3388
Ocean Power Technologies, Inc.
0.39
-2.50%
Secteur:
Base:
Devise de Profit:
Range quotidien
0.39
0.40
Range Annuel
0.29
0.90
Changement quotidien
-2.50%
Changement Mensuel
-43.48%
Evolution sur 6 mois
-27.78%
Changement Annuel
-32.76%
Clôture Précédente
0.40
Open
0.39
Bid
Ask
Low
0.39
High
0.40
Volume
246
Open full chart

Financials

Overview Relevé Statistics Dividends
Quarterly Annual
  • Market Capitalization 69.52 M
  • Employee 53
  • Founded 1984
  • CEO Philipp Stratmann
  • Website www.oceanpowertechnologies.com
  • Headquarter New Jersey, United States
  • FIGI BBG000RKMB42
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
-2.4
Price to sales ratio
8.83
Dividends per share
—
Dividend yield %
—

Ocean Power Technologies Inc

Ocean Power Technologies is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept has been problematic. Ocean Power was involved in several large PowerBuoy projects, including a very large Australian project with Lockheed Martin from 2012–2014, when they determined that "the project wasn’t 'commercially viable,' and [the company] changed its strategy. It has since commercialized the technology by providing power and communications to remote sites such as offshore oil fields." Ocean Power Technologies Australasia Pty Ltd, OPTA is an Australian-owned subsidiary of Ocean Power Technologies Inc, previously engaged in wave power projects in Australia. Ocean Power Technologies Limited is the UK-based wholly owned subsidiary.

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