Ocean Power Technologies, Inc. (OPTT) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 1158462,
    "name": "Ocean Power Technologies, Inc.",
    "stock_name": "Ocean Power Technologies, Inc.",
    "full_name": "Ocean Power Technologies, Inc.",
    "name_url": "stocks-analysis/ocean-power-technologies-inc",
    "exchange": 215,
    "exchangecode": "ASE",
    "country_id": 2,
    "currency": "USD",
    "cmp": "0.44",
    "chg": 0,
    "chgp": "-0.05%",
    "dir": -1,
    "prev_price": "0.44",
    "mcapval": "90.12",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "",
    "ind_name": "Electronics & Appliances",
    "ind_code": 1235,
    "indexname": "S&P 500",
    "isin": "US6748705067",
    "curr_date": "Dec 04",
    "curr_time": "",
    "bse_nse_vol": "4.85 M",
    "exc_status": "Active",
    "traded_date": "Dec 04, 2025",
    "traded_date_str": "2025 12 04",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/ocean-power-technologies-inc-1158462-215&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Is Ocean Power Technologies, Inc. technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-ocean-power-technologies-inc-technically-bullish-or-bearish-3547095",
        "imagepath": "",
        "date": "2025-09-20 19:46:57",
        "description": "As of 1 August 2025, the technical trend for Ocean Power Technologies, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness, while the monthly MACD and Bollinger Bands also show mild bullish signals. However, the weekly MACD and KST are mildly bearish, and the monthly RSI is bearish, suggesting mixed signals across different time frames. \n\nIn terms of performance, the stock has underperformed the S&P 500 year-to-date with a return of -50.07% compared to the S&P's 12.22%, but it has significantly outperformed over the past year with a return of 176.19% versus 17.14% for the benchmark...."
      },
      {
        "title": "Is Ocean Power Technologies, Inc. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-ocean-power-technologies-inc-overvalued-or-undervalued-3543532",
        "imagepath": "",
        "date": "2025-09-20 18:21:52",
        "description": "As of 9 March 2020, the valuation grade for Ocean Power Technologies, Inc. changed from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, particularly given its negative P/E ratio, a price-to-book value of 3.25, and an EV to EBITDA of -4.36. These ratios suggest that the company is struggling to generate positive earnings, which is further emphasized by its ROCE of -104.91% and ROE of -72.38%.\n\nIn comparison to its peers, Ocean Power Technologies has a less favorable EV to EBITDA ratio than CBAK Energy Technology, Inc. at -14.5823 and NeoVolta, Inc. at -33.2719, highlighting its relative underperformance within the industry. Additionally, while the company has seen a remarkable 176.19% return over the past year, this is overshadowed by a significant year-to-date decline of -50.07% compared to the S&P..."
      }
    ],
    "total": 7,
    "sid": "1158462",
    "stock_news_url": "https://www.marketsmojo.com/news/ocean-power-technologies-inc-1158462"
  },
  "announcements": "",
  "corporate_actions": {
    "msg": "No corporate action Found"
  }
}

News and Views

Is Ocean Power Technologies, Inc. technically bullish or bearish?

2025-09-20 19:46:57

As of 1 August 2025, the technical trend for Ocean Power Technologies, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness, while the monthly MACD and Bollinger Bands also show mild bullish signals. However, the weekly MACD and KST are mildly bearish, and the monthly RSI is bearish, suggesting mixed signals across different time frames. In terms of performance, the stock has underperformed the S&P 500 year-to-date with a return of -50.07% compared to the S&P's 12.22%, but it has significantly outperformed over the past year with a return of 176.19% versus 17.14% for the benchmark....

Is Ocean Power Technologies, Inc. overvalued or undervalued?

2025-09-20 18:21:52

As of 9 March 2020, the valuation grade for Ocean Power Technologies, Inc. changed from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, particularly given its negative P/E ratio, a price-to-book value of 3.25, and an EV to EBITDA of -4.36. These ratios suggest that the company is struggling to generate positive earnings, which is further emphasized by its ROCE of -104.91% and ROE of -72.38%. In comparison to its peers, Ocean Power Technologies has a less favorable EV to EBITDA ratio than CBAK Energy Technology, Inc. at -14.5823 and NeoVolta, Inc. at -33.2719, highlighting its relative underperformance within the industry. Additionally, while the company has seen a remarkable 176.19% return over the past year, this is overshadowed by a significant year-to-date decline of -50.07% compared to the S&P...

View All News