With 5.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 13.62 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $0.4489 whereas the lowest price it dropped to was $0.3955. The 52-week range on OPTT shows that it touched its highest point at $1.75 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $60.00. Beta for the stock currently stands at 2.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OPTT was down-trending over the past week, with a drop of -26.17%, but this was down by -25.40% over a month. Three-month performance dropped to -16.11% while six-month performance rose 150.00%. The stock gained 50.94% in the past year, while it has lost -60.78% so far this year.
Float and Shares Shorts:
At present, 170.00 million OPTT shares are outstanding with a float of 153.13 million shares on hand for trading. On 2025-03-14, short shares totaled 9.44 million, which was 555.0 higher than short shares on 1739491200. In addition to Dr. Philipp Stratmann as the firm’s CEO, President & Director, Mr. Robert Patrick Powers serves as its Senior VP, CFO & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.05222 of OPTT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-01-31, OPTT reported revenue of $825000.0 and operating income of -$5875000.0. The EBITDA in the recently reported quarter was -$4850000.0 and diluted EPS was -$0.04.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.