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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.

  • πŸ“Š Fundamental Analysis (FA) – Ocean Power Technologies Inc’s Financial Insights
  • πŸ“ˆ 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?
20.0%

What is your share worth?

Current worth
$0.02
Expected worth in 1 year
$-0.07
How sure are you?
27.5%

+ What do you gain per year?

Total Gains per Share
$-0.09
Return On Investment
-17.6%

For what price can you sell your share?

Current Price per Share
$0.50
Expected price per share
$0.4514 - $0.98
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)
$0.50
Intrinsic Value Per Share
$-0.85 - $0.73
Total Value Per Share
$-0.83 - $0.75

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




Is Ocean Power Technologies Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$26.6m$28.7m-$3.7m-14.8%

How much money is Ocean Power Technologies Inc making?

Current yearPrevious yearGrowGrow %
Making money-$5.3m-$6.8m$1.4m27.8%
Net Profit Margin-451.6%-538.9%--

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 $0.4988. 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 $0.02. Based on the TTM, the Book Value Change Per Share is $-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.03 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-0.01-1.0%-0.02-4.5%-0.04-7.8%-0.03-6.3%-0.03-5.7%-0.02-4.4%
Usd Book Value Change Per Share-0.14-28.4%-0.02-4.4%-0.03-6.9%-0.03-6.1%0.00-0.4%0.00-0.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.000.0%0.000.0%
Usd Total Gains Per Share-0.14-28.4%-0.02-4.4%-0.03-6.9%-0.03-6.1%0.00-0.3%0.00-0.3%
Usd Price Per Share0.41-0.36-0.35-0.47-1.05-0.92-
Price to Earnings Ratio-20.13--7.08--2.23--4.90--11.87--12.84-
Price-to-Total Gains Ratio-2.87--27.96--10.37--20.28--16.39--35.13-
Price to Book Ratio19.41-6.59-2.08-3.64-5.50-11.29-
Price-to-Total Gains Ratio-2.87--27.96--10.37--20.28--16.39--35.13-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.4988
Number of shares2004
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.00
Usd Total Gains Per Share-0.020.00
Gains per Quarter (2004 shares)-44.07-3.48
Gains per Year (2004 shares)-176.28-13.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-176-1861-15-24
20-353-3623-31-38
30-529-5384-46-52
40-705-7145-61-66
50-881-8907-76-80
60-1058-10668-92-94
70-1234-124210-107-108
80-1410-141811-122-122
90-1587-159412-137-136
100-1763-177014-153-150

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 Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%0.040.00.00.0%0.077.00.00.0%
Book Value Change Per Share2.02.00.050.0%2.010.00.016.7%6.014.00.030.0%11.029.00.027.5%16.061.00.020.8%
Dividend per Share0.00.04.00.0%2.00.010.016.7%3.00.017.015.0%8.00.032.020.0%11.00.066.014.3%
Total Gains per Share2.02.00.050.0%2.010.00.016.7%6.014.00.030.0%11.029.00.027.5%16.061.00.020.8%
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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---0.142-0.022-84%-0.035-76%-0.031-78%-0.002-99%-0.002-99%
Book Value Per Share--0.0210.109-81%0.162-87%0.193-89%0.250-92%0.150-86%
Current Ratio--4.1403.240+28%3.179+30%5.675-27%10.843-62%7.291-43%
Debt To Asset Ratio--0.1340.177-24%0.238-44%0.175-23%0.150-10%0.251-46%
Debt To Equity Ratio--0.1550.218-29%0.322-52%0.222-30%0.190-18%0.457-66%
Dividend Per Share----0%-0%0.000-100%0.000-100%0.000-100%
Enterprise Value--519875455.848174911445.040+197%67613053.472+669%134662223.882+286%238054009.449+118%193146195.376+169%
Eps---0.005-0.023+345%-0.039+665%-0.032+524%-0.028+462%-0.022+335%
Ev To Ebitda Ratio---16.065-6.268-61%-2.355-85%-4.916-69%-13.002-19%-13.047-19%
Ev To Sales Ratio--98.68636.131+173%13.612+625%41.099+140%163.596-40%231.908-57%
Free Cash Flow Per Share---0.003-0.022+568%-0.046+1289%-0.033+911%-0.029+791%-0.022+583%
Free Cash Flow To Equity Per Share---0.0030.009-129%-0.045+1621%-0.023+767%0.003-202%0.000-923%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.730----------
Intrinsic Value_10Y_min---0.851----------
Intrinsic Value_1Y_max---0.066----------
Intrinsic Value_1Y_min---0.125----------
Intrinsic Value_3Y_max---0.092----------
Intrinsic Value_3Y_min---0.344----------
Intrinsic Value_5Y_max--0.009----------
Intrinsic Value_5Y_min---0.526----------
Market Cap88549466.010-484%517301455.848174740695.040+196%61645553.472+739%120345140.548+330%208235609.449+148%175094959.401+195%
Net Profit Margin---4.879-4.516-7%-5.389+10%-6.724+38%-9.765+100%-24.171+395%
Operating Margin---5.664-4.056-28%-5.744+1%-7.281+29%-10.430+84%-32.275+470%
Operating Ratio--6.6365.454+22%6.721-1%8.458-22%11.522-42%34.080-81%
Pb Ratio23.752+18%19.4096.593+194%2.077+834%3.644+433%5.499+253%11.286+72%
Pe Ratio-24.632-22%-20.128-7.082-65%-2.231-89%-4.904-76%-11.867-41%-12.843-36%
Price Per Share0.499+18%0.4080.358+14%0.347+17%0.469-13%1.048-61%0.924-56%
Price To Free Cash Flow Ratio-38.035-22%-31.080-10.347-67%-1.902-94%-5.949-81%-13.019-58%-13.253-57%
Price To Total Gains Ratio-3.516-22%-2.873-27.960+873%-10.366+261%-20.284+606%-16.394+471%-35.132+1123%
Quick Ratio--2.4041.817+32%4.136-42%7.972-70%12.920-81%8.184-71%
Return On Assets---0.209-0.175-16%-0.190-9%-0.158-24%-0.132-37%-0.187-10%
Return On Equity---0.241-0.213-12%-0.254+5%-0.197-18%-0.164-32%-0.319+32%
Total Gains Per Share---0.142-0.022-84%-0.035-76%-0.030-79%-0.002-99%-0.001-99%
Usd Book Value--26652000.00024998000.000+7%28704750.000-7%36148750.000-26%45456500.000-41%27142260.700-2%
Usd Book Value Change Per Share---0.142-0.022-84%-0.035-76%-0.031-78%-0.002-99%-0.002-99%
Usd Book Value Per Share--0.0210.109-81%0.162-87%0.193-89%0.250-92%0.150-86%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%0.000-100%
Usd Enterprise Value--519875455.848174911445.040+197%67613053.472+669%134662223.882+286%238054009.449+118%193146195.376+169%
Usd Eps---0.005-0.023+345%-0.039+665%-0.032+524%-0.028+462%-0.022+335%
Usd Free Cash Flow---4161000.000-4784750.000+15%-8087000.000+94%-6184416.667+49%-5367700.000+29%-4064385.575-2%
Usd Free Cash Flow Per Share---0.003-0.022+568%-0.046+1289%-0.033+911%-0.029+791%-0.022+583%
Usd Free Cash Flow To Equity Per Share---0.0030.009-129%-0.045+1621%-0.023+767%0.003-202%0.000-923%
Usd Market Cap88549466.010-484%517301455.848174740695.040+196%61645553.472+739%120345140.548+330%208235609.449+148%175094959.401+195%
Usd Price Per Share0.499+18%0.4080.358+14%0.347+17%0.469-13%1.048-61%0.924-56%
Usd Profit---6425000.000-5377750.000-16%-6870750.000+7%-6234500.000-3%-5422400.000-16%-4095437.175-36%
Usd Revenue--1317000.0001465250.000-10%1381250.000-5%1176416.667+12%854050.000+54%538679.325+144%
Usd Total Gains Per Share---0.142-0.022-84%-0.035-76%-0.030-79%-0.002-99%-0.001-99%
 EOD+3 -5MRQTTM+19 -18YOY+24 -133Y+22 -175Y+19 -2010Y+19 -21

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)Between0-15-24.632
Price to Book Ratio (EOD)Between0-123.752
Net Profit Margin (MRQ)Greater than0-4.879
Operating Margin (MRQ)Greater than0-5.664
Quick Ratio (MRQ)Greater than12.404
Current Ratio (MRQ)Greater than14.140
Debt to Asset Ratio (MRQ)Less than10.134
Debt to Equity Ratio (MRQ)Less than10.155
Return on Equity (MRQ)Greater than0.15-0.241
Return on Assets (MRQ)Greater than0.05-0.209
Total4/10 (40.0%)

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 than5043.768
Ma 20Greater thanMa 500.506
Ma 50Greater thanMa 1000.551
Ma 100Greater thanMa 2000.521
OpenGreater thanClose0.507
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Ocean Power Technologies Inc

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Fundamental data was last updated by Penke on 2025-08-14 15:41:04.

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 very able to pay all its short-term debts.
The company is very 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 overpriced.
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 profitΒ Ocean Power Technologies Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of -487.9%Β means thatΒ $-4.88 for each $1Β 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 -487.9%. The company is making a huge loss. -2
  • The TTM is -451.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-487.9%TTM-451.6%-36.2%
TTM-451.6%YOY-538.9%+87.3%
TTM-451.6%5Y-976.5%+524.9%
5Y-976.5%10Y-2,417.1%+1,440.6%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-487.9%5.3%-493.2%
TTM-451.6%4.9%-456.5%
YOY-538.9%5.2%-544.1%
3Y-672.4%4.8%-677.2%
5Y-976.5%4.6%-981.1%
10Y-2,417.1%4.6%-2,421.7%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Ocean Power Technologies Inc is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • -20.9% Return on Assets means thatΒ Ocean Power Technologies Inc generatedΒ $-0.21 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 -20.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -17.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-20.9%TTM-17.5%-3.3%
TTM-17.5%YOY-19.0%+1.4%
TTM-17.5%5Y-13.2%-4.4%
5Y-13.2%10Y-18.7%+5.5%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-20.9%1.0%-21.9%
TTM-17.5%0.9%-18.4%
YOY-19.0%1.1%-20.1%
3Y-15.8%1.0%-16.8%
5Y-13.2%1.1%-14.3%
10Y-18.7%1.1%-19.8%
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 compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • -24.1% Return on Equity means Ocean Power Technologies Inc generated $-0.24Β for eachΒ $1 the owners (shareholders) invested.

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

  • The MRQ is -24.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -21.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-24.1%TTM-21.3%-2.9%
TTM-21.3%YOY-25.4%+4.1%
TTM-21.3%5Y-16.4%-4.8%
5Y-16.4%10Y-31.9%+15.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-24.1%2.1%-26.2%
TTM-21.3%2.1%-23.4%
YOY-25.4%2.2%-27.6%
3Y-19.7%2.0%-21.7%
5Y-16.4%2.0%-18.4%
10Y-31.9%2.1%-34.0%
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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

MeasuresΒ how efficient Ocean Power Technologies Inc is operatingΒ .

  • 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 compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • An Operating Margin of -566.4%Β means the company generated $-5.66 Β 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 -566.4%. The company is operating very inefficient. -2
  • The TTM is -405.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-566.4%TTM-405.6%-160.8%
TTM-405.6%YOY-574.4%+168.8%
TTM-405.6%5Y-1,043.0%+637.4%
5Y-1,043.0%10Y-3,227.5%+2,184.6%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-566.4%8.9%-575.3%
TTM-405.6%7.0%-412.6%
YOY-574.4%4.0%-578.4%
3Y-728.1%3.8%-731.9%
5Y-1,043.0%5.1%-1,048.1%
10Y-3,227.5%5.1%-3,232.6%
4.3.2.2. Operating Ratio

Measures how efficient Ocean Power Technologies Inc is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 6.64 means that the operating costs are $6.64 for each $1 in net sales.

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

  • The MRQ is 6.636. The company is inefficient in keeping operating costs low. -1
  • The TTM is 5.454. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ6.636TTM5.454+1.183
TTM5.454YOY6.721-1.268
TTM5.4545Y11.522-6.068
5Y11.52210Y34.080-22.559
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6361.535+5.101
TTM5.4541.478+3.976
YOY6.7211.258+5.463
3Y8.4581.333+7.125
5Y11.5221.340+10.182
10Y34.0801.217+32.863
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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 toΒ Specialty Industrial Machinery industry mean).
  • A Current Ratio of 4.14Β means the company has $4.14 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 4.140. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.240. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.140TTM3.240+0.900
TTM3.240YOY3.179+0.061
TTM3.2405Y10.843-7.602
5Y10.84310Y7.291+3.552
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1401.687+2.453
TTM3.2401.710+1.530
YOY3.1791.703+1.476
3Y5.6751.711+3.964
5Y10.8431.720+9.123
10Y7.2911.661+5.630
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy butΒ always compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 2.40Β means the company can pay off $2.40 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 2.404. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.817. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.404TTM1.817+0.586
TTM1.817YOY4.136-2.318
TTM1.8175Y12.920-11.103
5Y12.92010Y8.184+4.736
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4040.703+1.701
TTM1.8170.744+1.073
YOY4.1360.854+3.282
3Y7.9720.842+7.130
5Y12.9200.923+11.997
10Y8.1840.956+7.228
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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 %Β of Ocean Power Technologies IncΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Ocean Power Technologies Inc to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.13Β means that Ocean Power Technologies Inc assets areΒ financed with 13.4% credit (debt) and the remaining percentage (100% - 13.4%)Β is financed by its owners/shareholders.Β 

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

  • The MRQ is 0.134. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.177. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.134TTM0.177-0.043
TTM0.177YOY0.238-0.061
TTM0.1775Y0.150+0.028
5Y0.15010Y0.251-0.101
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1340.488-0.354
TTM0.1770.483-0.306
YOY0.2380.492-0.254
3Y0.1750.497-0.322
5Y0.1500.504-0.354
10Y0.2510.494-0.243
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Ocean Power Technologies Inc is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 15.5% means that company has $0.16 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 0.155. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.218. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.155TTM0.218-0.063
TTM0.218YOY0.322-0.104
TTM0.2185Y0.190+0.028
5Y0.19010Y0.457-0.267
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1550.953-0.798
TTM0.2180.939-0.721
YOY0.3220.974-0.652
3Y0.2221.025-0.803
5Y0.1901.069-0.879
10Y0.4571.051-0.594
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Ocean Power Technologies Inc generates.

  • Above 15 is considered overpriced butΒ always compareΒ Ocean Power Technologies Inc to theΒ Specialty Industrial Machinery industry mean.
  • A PE ratio of -20.13 means the investor is paying $-20.13Β 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 -24.632. Based on the earnings, the company is expensive. -2
  • The MRQ is -20.128. Based on the earnings, the company is expensive. -2
  • The TTM is -7.082. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.632MRQ-20.128-4.504
MRQ-20.128TTM-7.082-13.046
TTM-7.082YOY-2.231-4.851
TTM-7.0825Y-11.867+4.785
5Y-11.86710Y-12.843+0.976
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-24.63223.529-48.161
MRQ-20.12821.198-41.326
TTM-7.08218.772-25.854
YOY-2.23120.445-22.676
3Y-4.90421.164-26.068
5Y-11.86724.204-36.071
10Y-12.84327.599-40.442
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 -38.035. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -31.080. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -10.347. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-38.035MRQ-31.080-6.954
MRQ-31.080TTM-10.347-20.733
TTM-10.347YOY-1.902-8.445
TTM-10.3475Y-13.019+2.672
5Y-13.01910Y-13.253+0.234
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-38.035-0.052-37.983
MRQ-31.080-0.141-30.939
TTM-10.3472.627-12.974
YOY-1.9022.371-4.273
3Y-5.9492.018-7.967
5Y-13.0192.047-15.066
10Y-13.2531.627-14.880
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthyΒ (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 19.41 means the investor is paying $19.41Β 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 23.752. Based on the equity, the company is expensive. -2
  • The MRQ is 19.409. Based on the equity, the company is expensive. -2
  • The TTM is 6.593. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD23.752MRQ19.409+4.343
MRQ19.409TTM6.593+12.817
TTM6.593YOY2.077+4.516
TTM6.5935Y5.499+1.094
5Y5.49910Y11.286-5.788
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD23.7522.644+21.108
MRQ19.4092.330+17.079
TTM6.5932.180+4.413
YOY2.0772.245-0.168
3Y3.6442.318+1.326
5Y5.4992.571+2.928
10Y11.2862.993+8.293
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
2025-08-14
22:15
Ocean Power Technologies Highlights Marine Energy Leadership in Testimony Before New Jersey LegislatureRead

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 8.296% of the shares of Ocean Power Technologies Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31Vanguard Group Inc3.6530.00016256321302584593.6656
2025-03-31BlackRock Inc1.6455028181042240713388.0755
2025-03-31Geode Capital Management, LLC0.91090.0001156005054709554.0098
2025-03-31UBS Group AG0.54290.0001929833928979108779.7424
2025-03-31Susquehanna International Group, LLP0.37360.0001639755-1330879-67.5356
2025-03-31State Street Corp0.245204198844260011.2912
2025-03-31Northern Trust Corp0.18330313955184132141.8331
2025-03-31SBI Securities Co Ltd0.16890.004428926742831.5029
2025-03-31J.W. COLE ADVISORS, INC.0.12560.0032151402151400
2025-06-30CAMBRIDGE Invest RESEARCH ADVISORS, INC.0.11570.00031981501981500
2025-03-31Qube Research & Technologies0.06580.00011126841126840
2025-03-31Jane Street Group LLC0.053909227751290125.1372
2025-03-31SIMPLEX TRADING, LLC0.0494084616846160
2025-03-31Virtu Financial LLC0.03570.001561109-50073-45.037
2025-03-31Synovus Financial Corp0.02950.00035050000
2025-03-31Charles Schwab Investment Management Inc0.0292050000500000
2025-03-31Wolverine Trading LLC0.0206035332-33046-48.3284
2025-03-31Ground Swell Capital, LLC0.02060.034635301353010
2025-03-31Morgan Stanley - Brokerage Accounts0.0178030447-777-2.4885
2025-03-31Sargent Investment Group, LLC0.01630.00228000-500000-94.697
Total 8.30340.046614220725+5806053+40.8%

4.9.2. Funds holding Ocean Power Technologies Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-06-30Vanguard Total Stock Mkt Idx Inv2.12920.0001364646000
2025-06-30Vanguard Institutional Extnd Mkt Idx Tr1.50250.0011257329400
2025-06-30Fidelity Extended Market Index0.56820.001297317517245621.5376
2025-06-30Extended Equity Market Fund K0.17860.001305792-6103-1.9567
2025-06-30Fidelity Total Market Index0.16290.000127896100
2025-06-30Fidelity Series Total Market Index0.1460.0001250067160126.8411
2025-06-30Spartan Extended Market Index Pool F0.11340.00111942332810016.9142
2025-06-30Northern Trust Extended Eq Market Idx0.10360.001117740000
2025-06-30NT Ext Equity Mkt Idx Fd - L0.10360.001117740000
2025-06-30NT Ext Equity Mkt Idx Fd - NL0.07720.00113228600
2025-06-30Vanguard Instl Ttl Stk Mkt Idx InstlPls0.07560.000212941896339291.2392
2025-06-30NT Ext Equity Mkt Idx Fd - DC - NL - T20.060.001102720-256-0.2486
2025-06-30Spartan Total Market Index Pool G0.05960.000110210300
2025-07-31State St US Extended Mkt Indx NL Cl C0.03290.00155640000
2025-06-30NT Ext Eq Mkt Indx Fd DC Lending Tier 50.02920.001150053744917.4843
2025-06-30Schwab Total Stock Market Index0.02920.00015000000
2025-06-30Extended Equity Market Fund M0.02250.00138512-552-1.4131
2025-06-30Vanguard U.S. Eq Idx Β£ Acc0.02140.00013656700
2025-03-31SSgA U.S. Total Market Index Strategy0.01380.00022364017980317.6678
2024-12-31NT Ext Eq Mkt Indx Fd DC Lend T30.01080.000918439184390
Total 5.44020.01419316920+349864+3.8%
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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2024-04-302024-07-312024-10-312025-01-312025-04-30
Other Current Liabilities  2,917-8882,0299993,028-4382,590-2,763-173



5.2. Latest Balance Sheet

Balance Sheet of 2025-04-30. Currency in USD. All numbers in thousands.

Summary
Total Assets30,793
Total Liabilities4,141
Total Stockholder Equity26,652
 As reported
Total Liabilities 4,141
Total Stockholder Equity+ 26,652
Total Assets = 30,793

Assets

Total Assets30,793
Total Current Assets13,616
Long-term Assets17,177
Total Current Assets
Cash And Cash Equivalents 6,715
Net Receivables 1,191
Inventory 4,222
Other Current Assets 1,488
Total Current Assets  (as reported)13,616
Total Current Assets  (calculated)13,616
+/-0
Long-term Assets
Property Plant Equipment 4,996
Goodwill 8,537
Intangible Assets 3,490
Long-term Assets Other 154
Long-term Assets  (as reported)17,177
Long-term Assets  (calculated)17,177
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,289
Long-term Liabilities852
Total Stockholder Equity26,652
Total Current Liabilities
Short-term Debt 1,150
Accounts payable 568
Other Current Liabilities -173
Total Current Liabilities  (as reported)3,289
Total Current Liabilities  (calculated)1,545
+/- 1,744
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt649
Long-term Liabilities  (as reported)852
Long-term Liabilities  (calculated)649
+/- 203
Total Stockholder Equity
Common Stock172
Retained Earnings -329,090
Other Stockholders Equity 355,570
Total Stockholder Equity (as reported)26,652
Total Stockholder Equity (calculated)26,652
+/-0
Other
Capital Stock172
Cash and Short Term Investments 6,715
Common Stock Shares Outstanding 1,269,140
Liabilities and Stockholders Equity 30,793
Net Debt -6,715
Net Invested Capital 26,652
Net Working Capital 10,327
Property Plant and Equipment Gross 7,533



5.3. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2025-04-302025-01-312024-10-312024-07-312024-04-302024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-312016-07-312016-04-302016-01-312015-10-312015-07-312015-04-302015-01-312014-10-312014-07-312014-04-302014-01-312013-10-312013-07-312013-04-302013-01-312012-10-312012-07-312012-04-302012-01-312011-10-312011-07-312011-04-302011-01-312010-10-312010-07-312010-04-302010-01-312009-10-312009-07-312009-04-302009-01-312008-10-312008-07-312008-04-302008-01-312007-10-312007-07-312007-04-302007-01-312006-10-312006-07-312006-04-302006-01-312005-10-312005-07-31
> Total Assets 
0
0
0
33,996
32,655
32,685
30,926
119,712
116,006
114,847
111,838
107,551
103,241
96,665
91,894
88,794
86,787
82,777
77,634
72,978
66,734
61,793
57,312
53,553
48,791
44,576
42,185
37,442
33,817
30,317
28,101
24,831
21,362
21,325
22,317
38,085
35,220
24,780
21,898
18,871
15,901
11,788
10,610
10,351
13,125
16,372
12,421
10,073
13,085
18,110
16,709
14,121
9,784
6,694
4,577
18,366
16,159
15,258
13,756
13,538
14,402
18,561
82,893
86,377
81,191
75,820
78,356
73,393
67,998
64,638
59,043
53,374
45,679
39,622
34,564
28,704
29,179
26,946
34,406
30,793
30,79334,40626,94629,17928,70434,56439,62245,67953,37459,04364,63867,99873,39378,35675,82081,19186,37782,89318,56114,40213,53813,75615,25816,15918,3664,5776,6949,78414,12116,70918,11013,08510,07312,42116,37213,12510,35110,61011,78815,90118,87121,89824,78035,22038,08522,31721,32521,36224,83128,10130,31733,81737,44242,18544,57648,79153,55357,31261,79366,73472,97877,63482,77786,78788,79491,89496,665103,241107,551111,838114,847116,006119,71230,92632,68532,65533,996000
   > Total Current Assets 
0
0
0
32,982
31,651
31,444
29,730
117,515
113,800
112,523
109,378
92,518
100,192
60,609
55,401
44,164
52,869
39,195
34,210
39,702
30,894
25,980
37,105
32,968
37,012
37,444
35,118
33,854
30,219
26,758
24,551
21,446
18,121
16,983
18,082
35,392
32,849
23,639
20,927
18,221
15,283
11,284
10,107
9,759
12,553
15,831
12,095
9,746
12,782
17,776
15,895
13,255
8,923
5,863
3,790
17,619
14,107
13,214
11,784
11,653
12,606
16,854
81,249
84,439
79,361
74,079
64,987
59,304
54,011
50,719
45,222
37,673
30,090
23,831
17,544
10,543
11,088
9,420
16,831
13,616
13,61616,8319,42011,08810,54317,54423,83130,09037,67345,22250,71954,01159,30464,98774,07979,36184,43981,24916,85412,60611,65311,78413,21414,10717,6193,7905,8638,92313,25515,89517,77612,7829,74612,09515,83112,5539,75910,10711,28415,28318,22120,92723,63932,84935,39218,08216,98318,12121,44624,55126,75830,21933,85435,11837,44437,01232,96837,10525,98030,89439,70234,21039,19552,86944,16455,40160,609100,19292,518109,378112,523113,800117,51529,73031,44431,65132,982000
       Cash And Cash Equivalents 
0
0
0
31,957
1,531
18,251
19,623
107,505
102,227
109,681
106,082
88,836
73,645
11,391
8,252
12,268
5,337
6,348
8,468
4,237
3,926
10,498
9,503
4,376
8,899
5,756
7,830
9,353
5,090
13,447
8,955
6,373
7,338
10,032
5,917
13,859
7,628
6,239
19,869
17,336
14,237
10,339
9,413
6,730
9,025
12,512
11,110
8,421
11,414
16,318
14,369
11,499
7,644
3,851
2,220
16,660
13,332
10,495
9,877
10,002
11,065
15,244
79,801
83,028
77,720
72,630
63,454
7,885
9,176
10,030
10,920
6,818
3,863
3,292
4,720
3,151
3,182
2,092
10,026
6,715
6,71510,0262,0923,1823,1514,7203,2923,8636,81810,92010,0309,1767,88563,45472,63077,72083,02879,80115,24411,06510,0029,87710,49513,33216,6602,2203,8517,64411,49914,36916,31811,4148,42111,11012,5129,0256,7309,41310,33914,23717,33619,8696,2397,62813,8595,91710,0327,3386,3738,95513,4475,0909,3537,8305,7568,8994,3769,50310,4983,9264,2378,4686,3485,33712,2688,25211,39173,64588,836106,082109,681102,227107,50519,62318,2511,53131,957000
       Short-term Investments 
0
0
0
482
29,605
10,928
7,035
8,390
9,739
0
0
0
22,814
45,935
45,122
28,840
44,940
30,184
22,715
32,536
23,501
13,803
25,539
26,019
25,093
29,569
25,466
22,369
23,018
11,622
14,101
13,997
9,996
6,498
11,496
14,494
17,244
16,495
50
75
75
25
50
75
100
25
25
25
25
25
25
25
25
550
0
63
104
111
71
60
9
154
126
68
70
37
0
49,384
42,724
35,868
30,005
27,790
22,790
15,427
4,377
0
0
0
0
0
000004,37715,42722,79027,79030,00535,86842,72449,384037706812615496071111104630550252525252525252510075502575755016,49517,24414,49411,4966,4989,99613,99714,10111,62223,01822,36925,46629,56925,09326,01925,53913,80323,50132,53622,71530,18444,94028,84045,12245,93522,8140009,7398,3907,03510,92829,605482000
       Net Receivables 
0
0
0
211
167
753
840
865
673
1,719
2,120
1,729
1,898
1,940
1,200
985
1,888
1,700
1,936
1,475
1,263
956
1,371
1,285
2,304
1,217
1,020
1,065
1,393
1,234
1,181
924
414
178
342
346
492
19
208
185
187
152
52
2,537
2,701
2,603
324
344
599
352
352
592
110
490
151
78
227
1,125
378
358
389
102
307
540
767
522
544
868
876
2,302
1,987
897
1,023
842
625
814
1,440
1,871
2,104
1,191
1,1912,1041,8711,4408146258421,0238971,9872,3028768685445227675403071023893583781,125227781514901105923523525993443242,6032,7012,53752152187185208194923463421784149241,1811,2341,3931,0651,0201,2172,3041,2851,3719561,2631,4751,9361,7001,8889851,2001,9401,8981,7292,1201,719673865840753167211000
       Other Current Assets 
0
0
0
331
349
1,513
2,232
9,145
10,899
1,123
1,176
1,953
1,835
1,344
827
2,071
704
963
1,092
1,455
2,205
724
693
1,288
716
901
801
1,066
718
454
315
153
374
275
327
6,693
7,486
885
800
625
859
768
592
2,954
728
691
636
956
744
1,081
1,149
1,139
1,144
1,522
1,419
818
283
1,594
1,529
1,293
1,152
1,508
1,141
871
874
927
796
725
647
1,491
2,062
1,124
684
1,724
4,362
1,747
785
683
752
1,488
1,4887526837851,7474,3621,7246841,1242,0621,4916477257969278748711,1411,5081,1521,2931,5291,5942838181,4191,5221,1441,1391,1491,0817449566366917282,9545927688596258008857,4866,6933272753741533154547181,0668019017161,2886937242,2051,4551,0929637042,0718271,3441,8351,9531,1761,12310,8999,1452,2321,513349331000
   > Long-term Assets 
0
0
0
1,015
1,004
1,241
1,196
2,196
2,206
2,324
2,459
15,033
3,049
36,056
36,493
44,629
33,918
43,582
43,424
33,276
35,839
35,813
20,207
20,584
11,779
7,133
7,068
3,588
3,599
3,559
3,550
3,385
3,240
4,341
4,235
2,693
2,370
1,141
972
650
618
504
502
592
572
541
326
327
303
334
814
866
861
831
787
747
2,052
2,044
1,972
1,885
1,796
1,707
1,644
1,938
1,830
1,741
13,369
14,089
13,987
13,919
13,821
15,701
15,589
15,791
17,020
18,161
18,091
17,526
17,575
17,177
17,17717,57517,52618,09118,16117,02015,79115,58915,70113,82113,91913,98714,08913,3691,7411,8301,9381,6441,7071,7961,8851,9722,0442,0527477878318618668143343033273265415725925025046186509721,1412,3702,6934,2354,3413,2403,3853,5503,5593,5993,5887,0687,13311,77920,58420,20735,81335,83933,27643,42443,58233,91844,62936,49336,0563,04915,0332,4592,3242,2062,1961,1961,2411,0041,015000
       Property Plant Equipment 
0
0
0
544
500
447
439
388
385
396
479
628
842
808
863
898
943
899
839
711
654
600
543
792
796
764
735
683
880
846
815
701
663
613
563
318
285
266
263
264
245
219
207
273
248
220
195
170
146
177
657
712
706
676
632
592
1,897
1,824
1,751
1,664
1,575
1,485
1,422
1,442
1,340
1,257
1,190
1,197
1,135
1,106
1,113
3,031
2,958
3,356
4,827
5,848
5,811
5,279
5,361
4,996
4,9965,3615,2795,8115,8484,8273,3562,9583,0311,1131,1061,1351,1971,1901,2571,3401,4421,4221,4851,5751,6641,7511,8241,897592632676706712657177146170195220248273207219245264263266285318563613663701815846880683735764796792543600654711839899943898863808842628479396385388439447500544000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,754
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,537
8,5378,5378,5378,5378,5378,5378,5378,5378,5378,5378,5378,5378,5377,754000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,516
3,019
3,016
0
0
0
0
0
0
212
210
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000000002102120000003,0163,0197,516000000000000000000000000
       Intangible Assets 
0
0
0
372
386
515
526
597
609
639
660
717
755
785
861
910
928
941
982
1,037
1,047
1,077
1,133
1,222
1,248
1,297
1,350
1,269
1,215
1,161
1,107
1,045
992
938
885
828
621
414
207
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
274
268
262
4,203
4,136
4,096
4,057
4,017
3,978
3,938
3,898
3,656
3,622
3,589
3,556
3,523
3,490
3,4903,5233,5563,5893,6223,6563,8983,9383,9784,0174,0574,0964,1364,2032622682740000000000000000000000002074146218288859389921,0451,1071,1611,2151,2691,3501,2971,2481,2221,1331,0771,0471,037982941928910861785755717660639609597526515386372000
       Other Assets 
0
0
0
470
0
0
757
1,809
1,821
1,928
1,981
14,405
2,207
35,247
35,630
43,732
32,975
42,683
42,585
32,565
35,186
35,213
19,664
19,793
10,983
6,368
6,332
2,905
2,718
2,713
2,735
2,684
2,578
3,729
3,672
2,375
2,086
875
709
386
373
285
296
319
324
321
131
157
157
157
157
154
155
155
155
155
155
220
221
221
221
222
222
222
222
222
222
219
219
219
154
0
156
0
0
0
0
0
0
0
000000015601542192192192222222222222222222212212212201551551551551551541571571571571313213243192962853733867098752,0862,3753,6723,7292,5782,6842,7352,7132,7182,9056,3326,36810,98319,79319,66435,21335,18632,56542,58542,68332,97543,73235,63035,2472,20714,4051,9811,9281,8211,80975700470000
> Total Liabilities 
0
0
0
2,929
2,799
4,841
4,348
7,170
5,108
5,395
5,726
7,452
6,570
5,969
4,910
6,011
5,005
5,752
6,534
8,123
7,606
7,553
6,375
7,061
7,041
6,530
6,159
5,334
5,705
6,778
5,917
6,710
6,810
6,565
5,674
9,984
10,462
4,206
3,366
3,610
4,673
3,436
3,845
6,823
9,792
6,748
4,629
4,626
2,999
3,110
3,286
3,885
2,704
3,095
3,128
2,591
3,331
4,510
3,982
3,045
4,285
4,911
4,694
5,909
3,426
3,047
4,814
4,562
4,686
5,871
6,101
9,421
7,116
7,971
9,303
9,360
6,869
4,827
5,495
4,141
4,1415,4954,8276,8699,3609,3037,9717,1169,4216,1015,8714,6864,5624,8143,0473,4265,9094,6944,9114,2853,0453,9824,5103,3312,5913,1283,0952,7043,8853,2863,1102,9994,6264,6296,7489,7926,8233,8453,4364,6733,6103,3664,20610,4629,9845,6746,5656,8106,7105,9176,7785,7055,3346,1596,5307,0417,0616,3757,5537,6068,1236,5345,7525,0056,0114,9105,9696,5707,4525,7265,3955,1087,1704,3484,8412,7992,929000
   > Total Current Liabilities 
0
0
0
2,095
1,959
3,999
3,505
6,328
4,307
4,592
4,922
6,647
5,826
5,224
3,932
5,044
3,936
4,683
5,442
7,132
6,506
6,453
5,300
6,011
6,016
5,530
5,784
4,984
5,380
5,878
4,200
5,628
5,469
5,714
4,647
9,234
9,737
3,506
2,691
2,960
4,048
2,836
3,245
6,168
9,148
6,106
4,597
4,603
2,985
3,105
3,145
3,743
2,559
2,948
2,981
2,444
2,078
3,312
2,843
1,902
2,730
3,462
3,312
4,694
2,652
2,357
4,199
2,978
3,217
4,472
4,746
7,907
5,745
6,708
7,035
7,359
5,141
3,379
4,342
3,289
3,2894,3423,3795,1417,3597,0356,7085,7457,9074,7464,4723,2172,9784,1992,3572,6524,6943,3123,4622,7301,9022,8433,3122,0782,4442,9812,9482,5593,7433,1453,1052,9854,6034,5976,1069,1486,1683,2452,8364,0482,9602,6913,5069,7379,2344,6475,7145,4695,6284,2005,8785,3804,9845,7845,5306,0166,0115,3006,4536,5067,1325,4424,6833,9365,0443,9325,2245,8266,6474,9224,5924,3076,3283,5053,9991,9592,095000
       Short-term Debt 
0
0
0
1,727
0
2,672
2,725
0
2,612
2,680
2,869
3,790
0
0
0
93
0
0
0
95
89
89
114
139
75
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
75
81
61
34
34
70
36
36
62
46
28
10
2
1,938
208
215
222
229
632
990
823
842
317
327
323
319
328
324
320
529
545
579
625
774
926
1,081
1,115
1,150
1,1501,1151,0819267746255795455293203243283193233273178428239906322292222152081,938210284662363670343461817510010010010010010010010010010010010010010010010010075139114898995000930003,7902,8692,6802,61202,7252,67201,727000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
250
0
0
0
100
0
0
0
81
0
0
34
58
50
41
32
23
14
0
0
0
0
0
0
0
396
746
571
347
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000347571746396000000014233241505834008100010000025000000000000000000000000000000000000
       Accounts payable 
0
0
0
243
157
1,167
686
1,708
1,428
1,285
1,371
1,458
1,961
1,231
530
909
816
837
1,206
1,843
1,408
981
1,126
1,225
827
596
459
441
657
490
376
510
1,068
502
280
501
661
406
142
353
322
259
451
373
640
143
189
586
183
324
234
290
354
313
173
312
98
177
118
220
228
148
74
687
454
277
522
905
1,058
589
591
952
1,297
1,754
1,466
3,366
1,741
351
637
568
5686373511,7413,3661,4661,7541,2979525915891,05890552227745468774148228220118177983121733133542902343241835861891436403734512593223531424066615012805021,0685103764906574414595968271,2251,1269811,4081,8431,2068378169095301,2311,9611,4581,3711,2851,4281,7086861,167157243000
       Other Current Liabilities 
0
0
0
1,838
1,802
2,722
2,752
4,620
2,879
2,706
2,895
4,490
3,353
3,616
3,113
3,760
2,708
3,291
3,404
4,092
3,420
4,178
3,307
4,303
3,870
3,689
3,961
3,367
3,613
3,668
3,261
3,901
3,766
4,329
3,599
8,162
3,739
2,885
2,449
2,507
3,626
2,477
2,719
5,714
8,447
5,930
4,374
3,815
2,634
2,613
2,717
3,210
1,976
2,075
2,373
1,767
1,417
1,753
2,031
1,276
1,452
1,889
2,340
3,165
1,881
1,636
3,339
1,625
1,730
2,097
2,501
5,048
2,696
3,211
5,569
2,917
2,029
3,028
2,590
-173
-1732,5903,0282,0292,9175,5693,2112,6965,0482,5012,0971,7301,6253,3391,6361,8813,1652,3401,8891,4521,2762,0311,7531,4171,7672,3732,0751,9763,2102,7172,6132,6343,8154,3745,9308,4475,7142,7192,4773,6262,5072,4492,8853,7398,1623,5994,3293,7663,9013,2613,6683,6133,3673,9613,6893,8704,3033,3074,1783,4204,0923,4043,2912,7083,7603,1133,6163,3534,4902,8952,7062,8794,6202,7522,7221,8021,838000
   > Long-term Liabilities 
0
0
0
834
841
842
843
842
801
802
804
805
744
745
978
967
1,069
1,069
1,092
991
1,100
1,100
1,075
1,050
1,025
1,000
375
350
325
900
1,717
1,082
1,342
851
1,027
750
725
700
675
650
625
600
600
655
644
641
32
23
14
5
141
142
145
147
147
147
1,253
1,198
1,139
1,143
1,555
1,449
1,382
1,215
774
690
615
1,584
1,469
1,399
1,355
1,514
1,371
1,263
2,268
2,001
1,728
1,448
1,153
852
8521,1531,4481,7282,0012,2681,2631,3711,5141,3551,3991,4691,5846156907741,2151,3821,4491,5551,1431,1391,1981,25314714714714514214151423326416446556006006256506757007257501,0278511,3421,0821,7179003253503751,0001,0251,0501,0751,1001,1009911,0921,0691,069967978745744805804802801842843842841834000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
425
400
375
350
325
300
275
250
225
200
175
150
125
0
75
0
0
0
0
55
44
41
32
23
14
5
1
0
0
0
0
0
0
0
0
65
44
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000446500000000151423324144550000750125150175200225250275300325350375400425000000000000000000000000
       Other Liabilities 
0
0
0
600
0
0
610
611
613
615
615
616
618
619
883
622
724
724
753
741
601
600
600
601
600
600
0
0
0
600
1,442
832
1,117
652
853
600
600
600
600
600
600
600
600
600
600
601
0
0
0
0
140
142
145
147
147
147
0
0
0
65
44
0
0
0
0
0
0
1,046
1,023
1,032
1,073
0
203
0
0
0
0
0
0
0
000000020301,0731,0321,0231,046000000446500014714714714514214000006016006006006006006006006006006008536521,1178321,44260000060060060160060060174175372472462288361961861661561561361161000600000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
600
600
0
0
0
600
1,442
832
1,117
651
852
600
600
0
600
0
0
600
0
0
600
600
0
0
0
0
140
142
145
147
147
147
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
203
0
0
0
0
0
0
0
0
000000002030000000000000001471471471451421400000600600006000060006006008526511,1178321,442600000600600000000000000000000000000
> Total Stockholder Equity
0
0
0
31,067
29,856
27,844
26,577
112,541
110,897
109,453
106,112
100,099
96,671
90,696
86,984
82,783
81,731
76,971
71,048
64,814
59,091
54,209
50,909
46,470
41,732
38,038
36,039
32,136
28,168
23,633
22,311
18,291
14,745
14,999
16,901
28,475
25,202
21,018
18,932
15,688
11,586
8,352
6,765
3,528
3,333
9,624
7,792
5,447
10,086
15,000
13,423
10,236
7,080
3,599
1,449
15,775
12,828
10,748
9,774
10,493
10,117
13,650
78,199
80,468
77,765
72,773
73,542
68,831
63,312
58,767
52,942
43,953
38,563
31,651
25,261
19,344
22,310
22,119
28,911
26,652
26,65228,91122,11922,31019,34425,26131,65138,56343,95352,94258,76763,31268,83173,54272,77377,76580,46878,19913,65010,11710,4939,77410,74812,82815,7751,4493,5997,08010,23613,42315,00010,0865,4477,7929,6243,3333,5286,7658,35211,58615,68818,93221,01825,20228,47516,90114,99914,74518,29122,31123,63328,16832,13636,03938,03841,73246,47050,90954,20959,09164,81471,04876,97181,73182,78386,98490,69696,671100,099106,112109,453110,897112,54126,57727,84429,85631,067000
   Common Stock
0
0
0
5
52
52
5
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
12
13
18
18
18
18
18
18
2
2
2
4
6
6
6
13
18
18
18
18
19
20
5
6
7
9
13
19
24
51
52
52
52
56
56
56
56
56
56
59
59
59
61
96
125
170
172
172170125966159595956565656565652525251241913976520191818181813666422218181818181813121010101010101010101010101010101010101010101010101010552525000
   Retained Earnings Total Equity00000000-280,096000000-237,975-234,896-229,696-226,545-223,521-220,136-218,917-215,998-212,809-209,784-207,279-204,668-200,778-197,538-194,284-192,621-190,043-187,370-184,794-182,677-181,711-177,884-173,902-171,944-168,917-164,755-161,479-159,293-154,923-151,641-148,432-147,692-144,421-140,671-136,543-135,077-130,326-125,989-121,893-119,726-115,844000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
-32
-35
-44
-19
-41
-35
-29
-65
-41
-36
-274
-704
-553
145
225
-261
-503
-370
-135
-203
176
86
-43
-90
-79
-88
-102
-85
-80
-99
-151
-214
-226
-228
-183
-168
-230
-315
-303
-151
-122
-153
-163
-160
-160
-138
-153
-141
-160
-156
-165
-164
-171
-166
-173
-183
-183
-168
-175
-177
-171
-185
-139
-185
-46
-46
-46
-46
-45
-45
-45
-45
-45
-45
-45
-45
0
0-45-45-45-45-45-45-45-45-46-46-46-46-185-139-185-171-177-175-168-183-183-173-166-171-164-165-156-160-141-153-138-160-160-163-153-122-151-303-315-230-168-183-228-226-214-151-99-80-85-102-88-79-90-4386176-203-135-370-503-261225145-553-704-274-36-41-65-29-35-41-19-44-35-32000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
157,546
157,879
158,110
158,296
158,683
158,914
159,052
159,155
159,385
162,961
165,664
180,454
180,468
180,608
180,693
180,787
180,932
180,730
180,952
181,670
185,335
192,632
193,000
193,234
200,549
208,053
208,130
208,216
208,296
208,714
209,173
226,026
226,099
227,214
229,167
231,101
234,089
240,648
310,342
315,821
316,211
0
0
0
0
0
0
324,393
0
0
0
0
0
0
0
0
00000000324,393000000316,211315,821310,342240,648234,089231,101229,167227,214226,099226,026209,173208,714208,296208,216208,130208,053200,549193,234193,000192,632185,335181,670180,952180,730180,932180,787180,693180,608180,468180,454165,664162,961159,385159,155159,052158,914158,683158,296158,110157,879157,546000000000000000000000000
   Treasury Stock00000000-355000000-338-338-338-302-302-302-302-302-302-301-301-301-300-300-300-297-295-263-260-175-142-138-136-134-132-132-132-132-132-131-131-131-131-124-124-112-112-102-99-82-66-43-37-6-6-60000000000000000000
   Other Stockholders Equity 
0
0
0
59,726
60,132
60,437
60,732
150,843
151,631
152,050
152,739
153,057
153,518
153,897
154,212
154,569
154,917
155,269
155,481
155,720
156,131
156,512
156,643
157,132
157,480
157,797
158,012
158,194
158,572
158,802
158,928
159,031
159,254
162,831
165,533
180,324
180,336
180,476
180,561
180,671
180,800
180,597
180,816
181,532
185,194
192,457
192,740
192,971
200,254
207,756
207,830
207,916
207,996
208,413
208,872
225,725
225,797
226,912
228,865
230,799
233,787
240,346
308,021
315,483
315,873
316,051
322,288
322,591
322,924
323,223
323,488
324,038
325,684
325,985
326,104
326,907
334,290
337,983
351,450
355,570
355,570351,450337,983334,290326,907326,104325,985325,684324,038323,488323,223322,924322,591322,288316,051315,873315,483308,021240,346233,787230,799228,865226,912225,797225,725208,872208,413207,996207,916207,830207,756200,254192,971192,740192,457185,194181,532180,816180,597180,800180,671180,561180,476180,336180,324165,533162,831159,254159,031158,928158,802158,572158,194158,012157,797157,480157,132156,643156,512156,131155,720155,481155,269154,917154,569154,212153,897153,518153,057152,739152,050151,631150,84360,73260,43760,13259,726000



5.4. Balance Sheets

Currency in USD. All numbers in thousands.




5.5. Cash Flows

Currency in USD. All numbers in thousands.




5.6. Income Statements

Currency in USD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2025-04-30. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue5,861
Cost of Revenue-4,201
Gross Profit1,6601,660
 
Operating Income (+$)
Gross Profit1,660
Operating Expense-23,346
Operating Income-21,686-21,686
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense23,3460
 
Net Interest Income (+$)
Interest Income47
Interest Expense-0
Other Finance Cost-0
Net Interest Income47
 
Pretax Income (+$)
Operating Income-21,686
Net Interest Income47
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-22,545-20,827
EBIT - interestExpense = 0
-22,545
-21,511
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0-22,545
Earnings Before Interest and Taxes (EBITDA)-21,686
 
After tax Income (+$)
Income Before Tax-22,545
Tax Provision--1,034
Net Income From Continuing Ops-21,511-21,511
Net Income-21,511
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses27,547
Total Other Income/Expenses Net-859-47
 

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 BEARISH with 42.9% 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 (-42.9%) Bearish trend (42.9%)
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.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ 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: 0.58 < 0.9 < 0.98.

The bearish price targets are: 0.47 > 0.4672 > 0.4514.

Know someone who trades $OPTT? Share this with them.πŸ‘‡

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

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ 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 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower 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 below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below 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 theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ 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 -0.0110974.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ocean Power Technologies Inc price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ocean Power Technologies Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ocean Power Technologies Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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 12.71.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
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.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ocean Power Technologies Inc. The current sar is 0.57650728.

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 momentumΒ indicator, meaning the signals are instant.
  • RangesΒ 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 43.77. The current phase is Continuation in bear 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).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • 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

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ 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 Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • 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,Β 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 -31.82742765.

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 -17.31544864.

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

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

  • Lagging momentum indicator
  • Ranging between 0 andΒ -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 -71.9858156.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ocean Power Technologies Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
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 oversoldΒ 

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 0.03502158.

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)

Β 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 2,729,906,723.

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 50.96.

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
2025-04-16DMI 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.
2025-08-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-08-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-08-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-08-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-08-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-08-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-08-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-08-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-08-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-08-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-08-22DMI 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.
2025-08-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-08-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-08-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-08-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-09-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-09-05STOCH LONG EXITThe %K line crosses below the %D 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 than5043.768
Ma 20Greater thanMa 500.506
Ma 50Greater thanMa 1000.551
Ma 100Greater thanMa 2000.521
OpenGreater thanClose0.507
Total2/5 (40.0%)
Penke
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