Market Insight: Ocean Power Technologies (OPTT)’s Notable Drop%, Closing at $0.42

Kevin Freeman

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Ocean Power Technologies (AMEX: OPTT) closed at $0.42 down -0.40% from its previous closing price of $0.43. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 2.3 million shares were traded. OPTT stock price reached its highest trading level at $0.4434 during the session, while it also had its lowest trading level at $0.4232.

Ratios:

For a deeper understanding of Ocean Power Technologies’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

In the most recent recommendation for this company, Ladenburg Thalmann on September 24, 2025, initiated with a Buy rating and assigned the stock a target price of $1.50.

On May 09, 2013, Ascendiant Capital Markets started tracking the stock assigning a Strong Buy rating and target price of $5.Ascendiant Capital Markets initiated its Strong Buy rating on May 09, 2013, with a $5 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 17 ’25 when Stratmann Philipp bought 3,989 shares for $0.49 per share. The transaction valued at 1,975 led to the insider holds 517,714 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPTT now has a Market Capitalization of 81696736 and an Enterprise Value of 76523656. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.23 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 13.327 whereas that against EBITDA is -3.271.

Stock Price History:

The Beta on a monthly basis for OPTT is 2.36, which has changed by 0.48275864 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, OPTT has reached a high of $1.75, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is -11.36%, while the 200-Day Moving Average is calculated to be -15.79%.

Shares Statistics:

For the past three months, OPTT has traded an average of 5.91M shares per day and 2440200 over the past ten days. A total of 183.01M shares are outstanding, with a floating share count of 173.28M. Insiders hold about 7.42% of the company’s shares, while institutions hold 10.18% stake in the company. Shares short for OPTT as of 1764288000 were 15308775 with a Short Ratio of 2.59, compared to 1761868800 on 18658495. Therefore, it implies a Short% of Shares Outstanding of 15308775 and a Short% of Float of 8.49.

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