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OPTT (Ocean Power Technologies Inc) Stock Analysis
Buy, Hold or Sell?

Let's analyze Ocean Power Technologies Inc together

I guess you are interested in Ocean Power Technologies Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Ocean Power Technologies Inc’s Financial Insights
  • 📈 Technical Analysis (TA) – Ocean Power Technologies Inc’s Price Targets

I'm going to help you getting a better view of Ocean Power Technologies Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Ocean Power Technologies Inc (30 sec.)










1.2. What can you expect buying and holding a share of Ocean Power Technologies Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
$0.11
Expected worth in 1 year
$-0.46
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
$-0.57
Return On Investment
-106.5%

For what price can you sell your share?

Current Price per Share
$0.54
Expected price per share
$0.3868 - $1.75
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Ocean Power Technologies Inc (5 min.)




Live pricePrice per Share (EOD)
$0.54
Intrinsic Value Per Share
$-2.56 - $-1.46
Total Value Per Share
$-2.45 - $-1.35

2.2. Growth of Ocean Power Technologies Inc (5 min.)




Is Ocean Power Technologies Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$19.3m$43.9m-$24.6m-127.2%

How much money is Ocean Power Technologies Inc making?

Current yearPrevious yearGrowGrow %
Making money-$27.4m-$26.3m-$1.1m-4.2%
Net Profit Margin-497.4%-963.6%--

How much money comes from the company's main activities?

2.3. Financial Health of Ocean Power Technologies Inc (5 min.)




2.4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Ocean Power Technologies Inc?

Welcome investor! Ocean Power Technologies Inc's management wants to use your money to grow the business. In return you get a share of Ocean Power Technologies Inc.

First you should know what it really means to hold a share of Ocean Power Technologies Inc. And how you can make/lose money.

Speculation

The Price per Share of Ocean Power Technologies Inc is $0.5351. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ocean Power Technologies Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ocean Power Technologies Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.11. Based on the TTM, the Book Value Change Per Share is $-0.14 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ocean Power Technologies Inc.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.16-29.7%-0.16-29.7%-0.15-28.5%-0.14-26.2%-0.11-21.2%-0.09-16.9%
Usd Book Value Change Per Share-0.14-26.6%-0.14-26.6%-0.14-26.9%-0.12-22.0%0.000.8%-0.01-0.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.9%0.000.6%
Usd Total Gains Per Share-0.14-26.6%-0.14-26.6%-0.14-26.9%-0.12-22.0%0.011.7%0.00-0.4%
Usd Price Per Share0.19-0.19-0.51-0.59-0.94-1.01-
Price to Earnings Ratio-1.21--1.21--3.33--4.75--10.21--13.66-
Price-to-Total Gains Ratio-1.35--1.35--3.53--6.87--5.88-21.10-
Price to Book Ratio1.72-1.72-2.00-2.13-3.82-11.84-
Price-to-Total Gains Ratio-1.35--1.35--3.53--6.87--5.88-21.10-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.5351
Number of shares1868
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share-0.140.00
Usd Total Gains Per Share-0.140.01
Gains per Quarter (1868 shares)-266.1117.15
Gains per Year (1868 shares)-1,064.4468.58
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1064-1074383159
20-2129-21387562128
30-3193-320211393197
40-4258-4266151123266
50-5322-5330189154335
60-6387-6394226185404
70-7451-7458264216473
80-8516-8522302247542
90-9580-9586339278611
100-10644-10650377309680

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.020.00.00.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%4.06.00.040.0%7.013.00.035.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%5.00.05.050.0%5.00.015.025.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%4.06.00.040.0%7.013.00.035.0%
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3.2. Key Performance Indicators

The key performance indicators of Ocean Power Technologies Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.142-0.1420%-0.144+1%-0.118-17%0.004-3548%-0.005-96%
Book Value Per Share--0.1120.1120%0.254-56%0.255-56%0.258-57%0.158-29%
Current Ratio--1.4331.4330%4.765-70%8.704-84%10.045-86%7.083-80%
Debt To Asset Ratio--0.3260.3260%0.177+85%0.188+73%0.172+90%0.258+26%
Debt To Equity Ratio--0.4840.4840%0.214+126%0.255+90%0.226+114%0.469+3%
Dividend Per Share----0%-0%-0%0.005-100%0.003-100%
Enterprise Value--27130978.00027130978.0000%113024242.600-76%125324326.867-78%194147596.080-86%194849143.240-86%
Eps---0.159-0.1590%-0.152-4%-0.140-12%-0.113-29%-0.090-43%
Ev To Ebitda Ratio---0.961-0.9610%-4.071+324%-5.403+462%-12.383+1189%-14.127+1371%
Ev To Sales Ratio--4.9114.9110%41.371-88%60.115-92%130.759-96%214.797-98%
Free Cash Flow Per Share---0.187-0.1870%-0.132-30%-0.148-21%-0.114-39%-0.093-50%
Free Cash Flow To Equity Per Share---0.185-0.1850%-0.132-29%-0.147-21%-0.011-94%-0.016-91%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.464----------
Intrinsic Value_10Y_min---2.559----------
Intrinsic Value_1Y_max---0.105----------
Intrinsic Value_1Y_min---0.177----------
Intrinsic Value_3Y_max---0.347----------
Intrinsic Value_3Y_min---0.604----------
Intrinsic Value_5Y_max---0.627----------
Intrinsic Value_5Y_min---1.106----------
Market Cap92436384.600+64%33339978.00033339978.0000%87772242.600-62%101407660.200-67%162982396.080-80%175335462.540-81%
Net Profit Margin---4.974-4.9740%-9.636+94%-8.447+70%-8.927+79%-11.696+135%
Operating Margin---5.322-5.3220%-10.395+95%-9.335+75%-9.229+73%-12.663+138%
Operating Ratio--6.3096.3090%11.287-44%10.294-39%10.182-38%13.640-54%
Pb Ratio4.779+64%1.7241.7240%1.997-14%2.127-19%3.823-55%11.842-85%
Pe Ratio-3.363-177%-1.213-1.2130%-3.334+175%-4.750+292%-10.215+742%-13.665+1026%
Price Per Share0.535+64%0.1930.1930%0.508-62%0.587-67%0.943-80%1.015-81%
Price To Free Cash Flow Ratio-2.858-177%-1.031-1.0310%-3.862+275%-4.478+334%-11.547+1020%-14.014+1260%
Price To Total Gains Ratio-3.756-177%-1.355-1.3550%-3.528+160%-6.873+407%-5.876+334%21.102-106%
Quick Ratio--0.5390.5390%8.013-93%14.886-96%13.591-96%8.708-94%
Return On Assets---0.957-0.9570%-0.493-48%-0.569-41%-0.531-45%-0.695-27%
Return On Equity---1.421-1.4210%-0.599-58%-0.765-46%-0.695-51%-1.154-19%
Total Gains Per Share---0.142-0.1420%-0.144+1%-0.118-17%0.009-1652%-0.002-99%
Usd Book Value--19344000.00019344000.0000%43953000.000-56%44042666.667-56%44617800.000-57%27333627.100-29%
Usd Book Value Change Per Share---0.142-0.1420%-0.144+1%-0.118-17%0.004-3548%-0.005-96%
Usd Book Value Per Share--0.1120.1120%0.254-56%0.255-56%0.258-57%0.158-29%
Usd Dividend Per Share----0%-0%-0%0.005-100%0.003-100%
Usd Enterprise Value--27130978.00027130978.0000%113024242.600-76%125324326.867-78%194147596.080-86%194849143.240-86%
Usd Eps---0.159-0.1590%-0.152-4%-0.140-12%-0.113-29%-0.090-43%
Usd Free Cash Flow---32348000.000-32348000.0000%-22726000.000-30%-25505000.000-21%-19771800.000-39%-16068704.100-50%
Usd Free Cash Flow Per Share---0.187-0.1870%-0.132-30%-0.148-21%-0.114-39%-0.093-50%
Usd Free Cash Flow To Equity Per Share---0.185-0.1850%-0.132-29%-0.147-21%-0.011-94%-0.016-91%
Usd Market Cap92436384.600+64%33339978.00033339978.0000%87772242.600-62%101407660.200-67%162982396.080-80%175335462.540-81%
Usd Price Per Share0.535+64%0.1930.1930%0.508-62%0.587-67%0.943-80%1.015-81%
Usd Profit---27483000.000-27483000.0000%-26326000.000-4%-24227666.667-12%-19776000.000-28%-15701250.800-43%
Usd Revenue--5525000.0005525000.0000%2732000.000+102%3338666.667+65%2580800.000+114%1970024.400+180%
Usd Total Gains Per Share---0.142-0.1420%-0.144+1%-0.118-17%0.009-1652%-0.002-99%
 EOD+5 -3MRQTTM+0 -0YOY+12 -253Y+8 -295Y+8 -3110Y+7 -32

3.3 Fundamental Score

Let's check the fundamental score of Ocean Power Technologies Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.363
Price to Book Ratio (EOD)Between0-14.779
Net Profit Margin (MRQ)Greater than0-4.974
Operating Margin (MRQ)Greater than0-5.322
Quick Ratio (MRQ)Greater than10.539
Current Ratio (MRQ)Greater than11.433
Debt to Asset Ratio (MRQ)Less than10.326
Debt to Equity Ratio (MRQ)Less than10.484
Return on Equity (MRQ)Greater than0.15-1.421
Return on Assets (MRQ)Greater than0.05-0.957
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Ocean Power Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.887
Ma 20Greater thanMa 500.616
Ma 50Greater thanMa 1000.558
Ma 100Greater thanMa 2000.507
OpenGreater thanClose0.565
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Ocean Power Technologies Inc

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Fundamental data was last updated by Penke on 2025-07-23 20:42:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Ocean Power Technologies Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of -497.4% means that $-4.97 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ocean Power Technologies Inc:

  • The MRQ is -497.4%. The company is making a huge loss. -2
  • The TTM is -497.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-497.4%TTM-497.4%0.0%
TTM-497.4%YOY-963.6%+466.2%
TTM-497.4%5Y-892.7%+395.2%
5Y-892.7%10Y-1,169.6%+276.9%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-497.4%5.4%-502.8%
TTM-497.4%4.9%-502.3%
YOY-963.6%5.4%-969.0%
3Y-844.7%5.0%-849.7%
5Y-892.7%4.7%-897.4%
10Y-1,169.6%4.7%-1,174.3%
4.3.1.2. Return on Assets

Shows how efficient Ocean Power Technologies Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • -95.7% Return on Assets means that Ocean Power Technologies Inc generated $-0.96 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ocean Power Technologies Inc:

  • The MRQ is -95.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -95.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-95.7%TTM-95.7%0.0%
TTM-95.7%YOY-49.3%-46.4%
TTM-95.7%5Y-53.1%-42.6%
5Y-53.1%10Y-69.5%+16.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-95.7%1.0%-96.7%
TTM-95.7%0.9%-96.6%
YOY-49.3%1.1%-50.4%
3Y-56.9%1.1%-58.0%
5Y-53.1%1.1%-54.2%
10Y-69.5%1.1%-70.6%
4.3.1.3. Return on Equity

Shows how efficient Ocean Power Technologies Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • -142.1% Return on Equity means Ocean Power Technologies Inc generated $-1.42 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ocean Power Technologies Inc:

  • The MRQ is -142.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -142.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-142.1%TTM-142.1%0.0%
TTM-142.1%YOY-59.9%-82.2%
TTM-142.1%5Y-69.5%-72.5%
5Y-69.5%10Y-115.4%+45.9%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-142.1%2.1%-144.2%
TTM-142.1%2.3%-144.4%
YOY-59.9%2.2%-62.1%
3Y-76.5%2.1%-78.6%
5Y-69.5%2.0%-71.5%
10Y-115.4%2.2%-117.6%
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4.3.2. Operating Efficiency of Ocean Power Technologies Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Ocean Power Technologies Inc is operating .

  • Measures how much profit Ocean Power Technologies Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of -532.2% means the company generated $-5.32  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ocean Power Technologies Inc:

  • The MRQ is -532.2%. The company is operating very inefficient. -2
  • The TTM is -532.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-532.2%TTM-532.2%0.0%
TTM-532.2%YOY-1,039.5%+507.4%
TTM-532.2%5Y-922.9%+390.7%
5Y-922.9%10Y-1,266.3%+343.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-532.2%9.1%-541.3%
TTM-532.2%7.2%-539.4%
YOY-1,039.5%4.1%-1,043.6%
3Y-933.5%4.0%-937.5%
5Y-922.9%5.4%-928.3%
10Y-1,266.3%5.1%-1,271.4%
4.3.2.2. Operating Ratio

Measures how efficient Ocean Power Technologies Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 6.31 means that the operating costs are $6.31 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ocean Power Technologies Inc:

  • The MRQ is 6.309. The company is inefficient in keeping operating costs low. -1
  • The TTM is 6.309. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ6.309TTM6.3090.000
TTM6.309YOY11.287-4.978
TTM6.3095Y10.182-3.873
5Y10.18210Y13.640-3.458
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3091.564+4.745
TTM6.3091.515+4.794
YOY11.2871.300+9.987
3Y10.2941.340+8.954
5Y10.1821.351+8.831
10Y13.6401.231+12.409
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4.4.3. Liquidity of Ocean Power Technologies Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Ocean Power Technologies Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.43 means the company has $1.43 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ocean Power Technologies Inc:

  • The MRQ is 1.433. The company is just able to pay all its short-term debts.
  • The TTM is 1.433. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.433TTM1.4330.000
TTM1.433YOY4.765-3.332
TTM1.4335Y10.045-8.613
5Y10.04510Y7.083+2.962
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4331.704-0.271
TTM1.4331.710-0.277
YOY4.7651.700+3.065
3Y8.7041.711+6.993
5Y10.0451.730+8.315
10Y7.0831.663+5.420
4.4.3.2. Quick Ratio

Measures if Ocean Power Technologies Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.54 means the company can pay off $0.54 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ocean Power Technologies Inc:

  • The MRQ is 0.539. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.539. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.539TTM0.5390.000
TTM0.539YOY8.013-7.474
TTM0.5395Y13.591-13.052
5Y13.59110Y8.708+4.883
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5390.673-0.134
TTM0.5390.725-0.186
YOY8.0130.868+7.145
3Y14.8860.850+14.036
5Y13.5910.928+12.663
10Y8.7080.962+7.746
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4.5.4. Solvency of Ocean Power Technologies Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Ocean Power Technologies Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ocean Power Technologies Inc to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.33 means that Ocean Power Technologies Inc assets are financed with 32.6% credit (debt) and the remaining percentage (100% - 32.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ocean Power Technologies Inc:

  • The MRQ is 0.326. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.326. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.326TTM0.3260.000
TTM0.326YOY0.177+0.150
TTM0.3265Y0.172+0.154
5Y0.17210Y0.258-0.087
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3260.481-0.155
TTM0.3260.485-0.159
YOY0.1770.493-0.316
3Y0.1880.495-0.307
5Y0.1720.504-0.332
10Y0.2580.489-0.231
4.5.4.2. Debt to Equity Ratio

Measures if Ocean Power Technologies Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 48.4% means that company has $0.48 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ocean Power Technologies Inc:

  • The MRQ is 0.484. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.484. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.484TTM0.4840.000
TTM0.484YOY0.214+0.270
TTM0.4845Y0.226+0.258
5Y0.22610Y0.469-0.243
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4840.925-0.441
TTM0.4840.944-0.460
YOY0.2140.974-0.760
3Y0.2551.021-0.766
5Y0.2261.068-0.842
10Y0.4691.044-0.575
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Ocean Power Technologies Inc generates.

  • Above 15 is considered overpriced but always compare Ocean Power Technologies Inc to the Specialty Industrial Machinery industry mean.
  • A PE ratio of -1.21 means the investor is paying $-1.21 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ocean Power Technologies Inc:

  • The EOD is -3.363. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.213. Based on the earnings, the company is expensive. -2
  • The TTM is -1.213. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.363MRQ-1.213-2.150
MRQ-1.213TTM-1.2130.000
TTM-1.213YOY-3.334+2.121
TTM-1.2135Y-10.215+9.001
5Y-10.21510Y-13.665+3.450
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-3.36323.589-26.952
MRQ-1.21321.577-22.790
TTM-1.21318.733-19.946
YOY-3.33420.232-23.566
3Y-4.75021.124-25.874
5Y-10.21523.079-33.294
10Y-13.66527.705-41.370
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ocean Power Technologies Inc:

  • The EOD is -2.858. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.031. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.031. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.858MRQ-1.031-1.827
MRQ-1.031TTM-1.0310.000
TTM-1.031YOY-3.862+2.832
TTM-1.0315Y-11.547+10.516
5Y-11.54710Y-14.014+2.467
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-2.858-1.170-1.688
MRQ-1.031-1.013-0.018
TTM-1.0312.998-4.029
YOY-3.8622.634-6.496
3Y-4.4781.986-6.464
5Y-11.5472.106-13.653
10Y-14.0141.627-15.641
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Ocean Power Technologies Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 1.72 means the investor is paying $1.72 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ocean Power Technologies Inc:

  • The EOD is 4.779. Based on the equity, the company is fair priced.
  • The MRQ is 1.724. Based on the equity, the company is underpriced. +1
  • The TTM is 1.724. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.779MRQ1.724+3.055
MRQ1.724TTM1.7240.000
TTM1.724YOY1.997-0.273
TTM1.7245Y3.823-2.100
5Y3.82310Y11.842-8.018
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD4.7792.475+2.304
MRQ1.7242.312-0.588
TTM1.7242.138-0.414
YOY1.9972.293-0.296
3Y2.1272.271-0.144
5Y3.8232.556+1.267
10Y11.8423.009+8.833
4.6.2. Total Gains per Share

2.4. Latest News of Ocean Power Technologies Inc

Does Ocean Power Technologies Inc still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Ocean Power Technologies Inc to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-07-26
05:02
Earnings call transcript: Ocean Power sees 7% revenue rise amid reduced expenses in Q4 2025Read
2025-07-24
22:54
Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 ResultsRead
2025-07-24
22:54
Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 ResultsRead
2025-07-24
22:24
Ocean Power Technologies Signs Strategic Reseller Agreement in Latin AmericaRead
2025-07-09
14:15
Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate SchoolRead

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Ocean Power Technologies Inc.

4.8.1. Institutions holding Ocean Power Technologies Inc

Institutions are holding 8.257% of the shares of Ocean Power Technologies Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31Vanguard Group Inc3.62170.00016256321302584593.6656
2025-03-31BlackRock Inc1.6314028181042240713388.0755
2025-03-31Geode Capital Management, LLC0.90310.0001156005054709554.0098
2025-03-31UBS Group AG0.53830.0001929833928979108779.7424
2025-03-31Susquehanna International Group, LLP0.37030.0001639755-1330879-67.5356
2025-03-31State Street Corp0.243104198844260011.2912
2025-03-31Northern Trust Corp0.18170313955184132141.8331
2025-03-31SBI Securities Co Ltd0.16750.004428926742831.5029
2025-03-31J.W. COLE ADVISORS, INC.0.12450.0032151402151400
2025-03-31Qube Research & Technologies0.06520.00011126841126840
2025-03-31Jane Street Group LLC0.053409227751290125.1372
2025-03-31SIMPLEX TRADING, LLC0.049084616846160
2025-03-31Virtu Financial LLC0.03540.001561109-50073-45.037
2025-03-31Synovus Financial Corp0.02920.00035050000
2025-03-31Charles Schwab Investment Management Inc0.0289050000500000
2025-03-31Wolverine Trading LLC0.0205035332-33046-48.3284
2025-03-31Ground Swell Capital, LLC0.02040.034635301353010
2025-03-31Morgan Stanley - Brokerage Accounts0.0176030447-777-2.4885
2025-03-31Sargent Investment Group, LLC0.01620.00228000-500000-94.697
2025-03-31Baader Bank INC0.01290.000622262222620
Total 8.13030.046914044837+5630165+40.1%

4.9.2. Funds holding Ocean Power Technologies Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-05-31Vanguard Total Stock Mkt Idx Inv2.11090.0001364646000
2025-05-31Vanguard Institutional Extnd Mkt Idx Tr1.48960.0011257329400
2025-05-31Fidelity Extended Market Index0.46350.001800719-3579-0.445
2025-06-30Extended Equity Market Fund K0.1770.001305792-6103-1.9567
2025-05-31Fidelity Total Market Index0.16150.000127896100
2025-05-31Fidelity Series Total Market Index0.13550.00012340552915714.23
2025-06-30NT Ext Equity Mkt Idx Fd - L0.10270.001117740000
2025-03-31Northern Trust Extended Eq Market Idx0.10270.001177400100016129.2464
2025-05-31Spartan Extended Market Index Pool F0.09620.00116613317101.04
2025-06-30NT Ext Equity Mkt Idx Fd - NL0.07660.00113228600
2025-06-30NT Ext Equity Mkt Idx Fd - DC - NL - T20.05950.001102720-256-0.2486
2025-05-31Spartan Total Market Index Pool G0.05910.0001102103-4938-4.6132
2025-06-30State St US Extended Mkt Indx NL Cl C0.03260.00145640000
2025-06-30NT Ext Eq Mkt Indx Fd DC Lending Tier 50.0290.001150053744917.4843
2025-06-30Schwab Total Stock Market Index0.02890.00015000000
2025-06-30Extended Equity Market Fund M0.02230.00138512-552-1.4131
2025-06-30Vanguard U.S. Eq Idx £ Acc0.02120.00013656700
2025-05-31Vanguard Instl Ttl Stk Mkt Idx InstlPls0.01910.00013307900
2025-03-31SSgA U.S. Total Market Index Strategy0.01370.00022364017980317.6678
2024-12-31NT Ext Eq Mkt Indx Fd DC Lend T30.01070.000918439184390
Total 5.21230.01359004013+159323+1.8%
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-04-30. Currency in USD. All numbers in thousands.

Summary
Total Assets28,704
Total Liabilities9,360
Total Stockholder Equity19,344
 As reported
Total Liabilities 9,360
Total Stockholder Equity+ 19,344
Total Assets = 28,704

Assets

Total Assets28,704
Total Current Assets10,543
Long-term Assets18,161
Total Current Assets
Cash And Cash Equivalents 3,151
Net Receivables 814
Inventory 4,831
Other Current Assets 1,747
Total Current Assets  (as reported)10,543
Total Current Assets  (calculated)10,543
+/-0
Long-term Assets
Property Plant Equipment 5,848
Goodwill 8,537
Intangible Assets 3,622
Long-term Assets Other 154
Long-term Assets  (as reported)18,161
Long-term Assets  (calculated)18,161
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities7,359
Long-term Liabilities2,001
Total Stockholder Equity19,344
Total Current Liabilities
Short-term Debt 780
Accounts payable 3,366
Other Current Liabilities 2,911
Total Current Liabilities  (as reported)7,359
Total Current Liabilities  (calculated)7,057
+/- 302
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,792
Long-term Liabilities  (as reported)2,001
Long-term Liabilities  (calculated)1,792
+/- 209
Total Stockholder Equity
Common Stock61
Retained Earnings -307,579
Accumulated Other Comprehensive Income -45
Other Stockholders Equity 326,907
Total Stockholder Equity (as reported)19,344
Total Stockholder Equity (calculated)19,344
+/-0
Other
Capital Stock61
Cash and Short Term Investments 3,151
Common Stock Shares Outstanding 59,032
Current Deferred Revenue302
Liabilities and Stockholders Equity 28,704
Net Debt -579
Net Invested Capital 19,344
Net Working Capital 3,184
Property Plant and Equipment Gross 7,821
Short Long Term Debt Total 2,572



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-04-302023-04-302022-04-302021-04-302020-04-302019-04-302018-04-302017-04-302016-04-302015-04-302014-04-302013-04-302012-04-302011-04-302010-04-302009-04-302008-04-302007-04-302006-04-302005-04-302004-04-302003-04-30
> Total Assets 
2,879
40,747
41,596
33,996
119,712
107,551
88,794
72,978
53,553
37,442
24,831
38,085
18,871
10,351
10,073
14,121
18,366
13,538
86,377
73,393
53,374
28,704
28,70453,37473,39386,37713,53818,36614,12110,07310,35118,87138,08524,83137,44253,55372,97888,794107,551119,71233,99641,59640,7472,879
   > Total Current Assets 
0
0
40,742
32,982
117,515
92,518
44,164
39,702
32,968
33,854
21,446
35,392
18,221
9,759
9,746
13,255
17,619
11,653
84,439
59,304
37,673
10,543
10,54337,67359,30484,43911,65317,61913,2559,7469,75918,22135,39221,44633,85432,96839,70244,16492,518117,51532,98240,74200
       Cash And Cash Equivalents 
0
0
13,585
31,957
107,505
88,836
12,268
4,237
4,376
9,353
6,373
13,859
17,336
6,730
8,421
11,499
16,660
10,002
83,028
7,885
6,883
3,151
3,1516,8837,88583,02810,00216,66011,4998,4216,73017,33613,8596,3739,3534,3764,23712,26888,836107,50531,95713,58500
       Short-term Investments 
0
0
25,202
482
8,390
0
28,840
32,536
26,019
22,369
13,997
14,494
75
75
25
25
63
60
68
49,384
27,790
0
027,79049,3846860632525757514,49413,99722,36926,01932,53628,84008,39048225,20200
       Net Receivables 
0
0
1,490
211
1,178
2,306
1,974
1,923
1,741
1,288
924
346
185
37
344
592
78
358
540
868
897
814
81489786854035878592344371853469241,2881,7411,9231,9742,3061,1782111,49000
       Other Current Assets 
0
0
465
331
441
1,375
1,083
1,006
832
843
153
6,693
625
2,916
956
1,139
818
1,293
871
725
830
1,747
1,7478307258711,2938181,1399562,9166256,6931538438321,0061,0831,37544133146500
   > Long-term Assets 
0
0
854
1,015
2,196
15,033
44,629
33,276
20,584
3,588
3,385
2,693
650
592
327
866
747
1,885
1,938
14,089
15,701
18,161
18,16115,70114,0891,9381,8857478663275926502,6933,3853,58820,58433,27644,62915,0332,1961,01585400
       Property Plant Equipment 
0
0
428
544
388
628
898
711
792
683
701
318
264
273
170
712
592
1,664
1,442
1,197
3,031
5,848
5,8483,0311,1971,4421,66459271217027326431870168379271189862838854442800
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,537
8,537
8,537
8,5378,5378,5370000000000000000000
       Intangible Assets 
0
0
335
372
597
717
910
1,037
1,222
1,269
1,045
828
0
0
0
0
0
0
274
4,136
3,978
3,622
3,6223,9784,1362740000008281,0451,2691,2221,03791071759737233500
       Long-term Assets Other 
0
0
92
98
1,211
13,688
2,193
2,664
2,247
1,636
1,639
1,547
386
319
3
154
155
221
222
219
155
154
15415521922222115515433193861,5471,6391,6362,2472,6642,19313,6881,211989200
> Total Liabilities 
2,388
2,894
3,760
2,929
7,170
7,452
6,011
8,123
7,061
5,334
6,710
9,984
3,610
6,823
4,626
3,885
2,591
3,045
5,909
4,562
9,421
9,360
9,3609,4214,5625,9093,0452,5913,8854,6266,8233,6109,9846,7105,3347,0618,1236,0117,4527,1702,9293,7602,8942,388
   > Total Current Liabilities 
0
0
2,839
2,095
6,328
6,647
5,044
7,132
6,011
4,984
5,628
9,234
2,960
6,168
4,603
3,743
2,444
1,902
4,694
2,978
7,907
7,359
7,3597,9072,9784,6941,9022,4443,7434,6036,1682,9609,2345,6284,9846,0117,1325,0446,6476,3282,0952,83900
       Short-term Debt 
0
0
1,891
1,727
0
3,790
93
95
139
100
100
100
100
82
70
46
1,938
229
842
319
529
780
7805293198422291,93846708210010010010013995933,79001,7271,89100
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
250
100
82
35
23
0
0
347
0
0
0
0003470023358210025000000000000
       Accounts payable 
0
0
877
243
1,708
1,458
909
1,843
1,225
441
510
501
353
373
586
290
312
220
687
905
952
3,366
3,3669529056872203122905863733535015104411,2251,8439091,4581,70824387700
       Other Current Liabilities 
0
0
1,945
1,838
4,620
4,490
3,760
4,092
4,303
3,367
3,901
8,162
2,507
5,675
3,815
3,210
1,767
1,176
3,165
1,625
5,048
2,911
2,9115,0481,6253,1651,1761,7673,2103,8155,6752,5078,1623,9013,3674,3034,0923,7604,4904,6201,8381,94500
   > Long-term Liabilities 
250
250
921
834
842
805
967
991
1,050
350
1,082
750
650
655
23
142
147
1,143
1,215
1,584
1,514
2,001
2,0011,5141,5841,2151,143147142236556507501,0823501,050991967805842834921250250
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
350
250
150
50
55
23
0
0
65
0
0
0
0
00006500235550150250350000000000
       Other Liabilities 
0
0
0
600
611
616
622
741
601
0
832
600
600
600
0
142
147
65
0
1,046
0
0
001,04606514714206006006008320601741622616611600000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
832
600
0
0
0
142
147
0
0
0
203
0
02030001471420006008320000000000
> Total Stockholder Equity
491
37,853
37,837
31,067
112,541
100,099
82,783
64,814
46,470
32,136
18,291
28,475
15,688
3,528
5,447
10,236
15,775
10,493
80,468
68,831
43,953
19,344
19,34443,95368,83180,46810,49315,77510,2365,4473,52815,68828,47518,29132,13646,47064,81482,783100,099112,54131,06737,83737,853491
   Common Stock
0
0
5
5
10
10
10
10
10
10
10
18
18
2
6
18
5
13
52
56
56
61
6156565213518621818101010101010105500
   Retained Earnings -307,579-280,096-253,770-234,896-220,136-209,784-197,538-187,370-177,884-164,755-151,641-140,671-125,989-110,849-90,413-71,243-52,928-38,271-28,632-21,553-21,125-18,275
   Capital Surplus 
0
0
0
0
0
0
0
0
0
158,296
159,155
180,454
180,787
181,670
193,234
208,216
226,026
231,101
315,821
0
324,393
0
0324,3930315,821231,101226,026208,216193,234181,670180,787180,454159,155158,296000000000
   Treasury Stock0-3550-338-302-301-300-263-138-132-131-124-102-43-60000000
   Other Stockholders Equity 
18,766
58,978
59,424
59,726
150,843
153,057
154,569
155,720
157,132
158,194
159,031
180,324
180,655
181,532
192,971
207,916
225,725
230,799
315,483
322,591
324,038
326,907
326,907324,038322,591315,483230,799225,725207,916192,971181,532180,655180,324159,031158,194157,132155,720154,569153,057150,84359,72659,42458,97818,766



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-04-30. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue5,525
Cost of Revenue-2,699
Gross Profit2,8262,826
 
Operating Income (+$)
Gross Profit2,826
Operating Expense-32,157
Operating Income-29,331-29,331
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense32,1570
 
Net Interest Income (+$)
Interest Income800
Interest Expense-0
Other Finance Cost-0
Net Interest Income800
 
Pretax Income (+$)
Operating Income-29,331
Net Interest Income800
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-28,737-29,925
EBIT - interestExpense = -29,403
-28,737
-27,483
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-29,403-28,737
Earnings Before Interest and Taxes (EBITDA)-28,242
 
After tax Income (+$)
Income Before Tax-28,737
Tax Provision--1,254
Net Income From Continuing Ops-27,483-27,483
Net Income-27,483
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses34,856
Total Other Income/Expenses Net594-800
 

Technical Analysis of Ocean Power Technologies Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ocean Power Technologies Inc. The general trend of Ocean Power Technologies Inc is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ocean Power Technologies Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Ocean Power Technologies Inc Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ocean Power Technologies Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.9 < 0.98 < 1.75.

The bearish price targets are: 0.47 > 0.4514 > 0.3868.

Know someone who trades $OPTT? Share this with them.👇

Ocean Power Technologies Inc Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ocean Power Technologies Inc. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Ocean Power Technologies Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ocean Power Technologies Inc. The current macd is 0.02670174.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ocean Power Technologies Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ocean Power Technologies Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ocean Power Technologies Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ocean Power Technologies Inc Daily Moving Average Convergence/Divergence (MACD) ChartOcean Power Technologies Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Ocean Power Technologies Inc. The current adx is 32.94.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ocean Power Technologies Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Ocean Power Technologies Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ocean Power Technologies Inc. The current sar is 0.86755387.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Ocean Power Technologies Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Ocean Power Technologies Inc. The current rsi is 42.89. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Ocean Power Technologies Inc Daily Relative Strength Index (RSI) ChartOcean Power Technologies Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Ocean Power Technologies Inc. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ocean Power Technologies Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ocean Power Technologies Inc Daily Stochastic Oscillator ChartOcean Power Technologies Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Ocean Power Technologies Inc. The current cci is -50.32207312.

Ocean Power Technologies Inc Daily Commodity Channel Index (CCI) ChartOcean Power Technologies Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ocean Power Technologies Inc. The current cmo is -26.91623009.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Ocean Power Technologies Inc Daily Chande Momentum Oscillator (CMO) ChartOcean Power Technologies Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Ocean Power Technologies Inc. The current willr is -98.91569531.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Ocean Power Technologies Inc Daily Williams %R ChartOcean Power Technologies Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Ocean Power Technologies Inc.

Ocean Power Technologies Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Ocean Power Technologies Inc. The current atr is 0.06750834.

Ocean Power Technologies Inc Daily Average True Range (ATR) ChartOcean Power Technologies Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Ocean Power Technologies Inc. The current obv is 2,716,113,479.

Ocean Power Technologies Inc Daily On-Balance Volume (OBV) ChartOcean Power Technologies Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Ocean Power Technologies Inc. The current mfi is 56.03.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Ocean Power Technologies Inc Daily Money Flow Index (MFI) ChartOcean Power Technologies Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ocean Power Technologies Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-04BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-06-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-07-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-22STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-07-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-07-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Ocean Power Technologies Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ocean Power Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.887
Ma 20Greater thanMa 500.616
Ma 50Greater thanMa 1000.558
Ma 100Greater thanMa 2000.507
OpenGreater thanClose0.565
Total4/5 (80.0%)
Penke
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