Ocean Power Technologies, Inc.

As of March 9, 2020, Ocean Power Technologies, Inc. is considered a risky investment due to its negative financial metrics, including a negative P/E ratio and poor returns compared to its peers and the S&P 500, indicating it may be overvalued.

As of March 9, 2020, Ocean Power Technologies, Inc. is considered overvalued and classified as risky due to troubling financial ratios and poor stock performance, with a year-to-date return of -52.25% compared to the S&P 500's 2.44%.

As of June 9, 2025, the trend is bullish with moderate strength, supported by a bullish weekly MACD and mildly bullish daily moving averages, though caution is advised due to mixed signals from Bollinger Bands and KST indicators.

As of March 2022, the management team of Ocean Power Technologies, Inc. includes Mr. George Kirby as President, CEO, and Director, and Mr. Terence Cryan as Chairman of the Board.

Ocean Power Technologies, Inc. develops systems that generate electricity from ocean waves and is classified as a micro-cap company with a market cap of approximately $90.62 million. As of January 2025, it reported net sales of $1 million and a net loss of $7 million.

As of Jun 18, Ocean Power Technologies, Inc. has a market capitalization of 90.62 million and reported net sales of 6.11 million with a net loss of 21.80 million over the latest four quarters. The company's shareholder's funds were 19.34 million, and total assets amounted to 28.70 million.