Ocean Power Technologies Share Price Today
(NASDAQ: OPTT)

Name: Ocean Power Technologies Share Price Today (NASDAQ: OPTT) - Ocean Power Technologies Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Ocean Power Technologies share price is $0.84 & ₹72.40 as on 24 Jan 2025, 2.30 'hrs' IST

$0.84

▲

-0.11

(-11.56%)

Market is closed - opens 8 PM, 24 Jan 2025

View live Ocean Power Technologies share price in Dollar and Rupees. Guide to invest in Ocean Power Technologies stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Ocean Power Technologies, along with analyst recommendations, forecasts, and comprehensive financials.

Ocean Power Technologies share price movements

Today's Low: $0.84
Today's High: $0.91
$0.84
0.51%
Downside
Day's Volatility :8.15%
Upside
7.68%
52 Weeks Low: $0.12
52 Weeks High: $1.75
$0.84
85.71%
Downside
52 Weeks Volatility :93.14%
Upside
52.0%

Ocean Power Technologies Returns

Period	Ocean Power Technologies Inc	Index (Russel 2000)
3 Months	460.33%	0.0%
6 Months	172.62%	0.0%
1 Year	170.26%	0.0%
3 Years	-19.95%	-13.0%

Ocean Power Technologies Key Statistics

in dollars & INR

Previous Close	$0.9504
Open	$0.93
Today's High	$0.9099
Today's Low	$0.835699
Market Capitalization	$46.3M
Today's Volume	$19.4M
52 Week High	$1.75
52 Week Low	$0.12
Revenue TTM	$5.6M
EBITDA	$-25.7M
Earnings Per Share (EPS)	$-0.32
Profit Margin	0.0%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-81.8%

How to invest in Ocean Power Technologies Stock (OPTT) from India?

It is very easy for Indian residents to invest directly in Ocean Power Technologies from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Ocean Power Technologies stock in both Indian Rupees (INR) and US Dollars (USD). Search for Ocean Power Technologies or OPTT on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Ocean Power Technologies or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Ocean Power Technologies shares which would translate to 1.026 fractional shares of Ocean Power Technologies as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Ocean Power Technologies, in just a few clicks!

Returns in Ocean Power Technologies for Indian investors in Rupees

Investment Value

₹1,00,000

Ocean Power Technologies investment value today

Current value as on today

₹2,74,716

Returns

₹1,74,716

(+174.72%)

Returns from Ocean Power Technologies Stock

₹1,70,968 (+170.97%)

Dollar Returns

₹3,748 (+3.75%)

Indian investors sentiment towards Ocean Power Technologies

-36.51%

Period: Oct 25, 2024 to Jan 23, 2025. Change in 30 Days versus previous period

Investment in Ocean Power Technologies from India has reduced in the last 30 days as on Jan 24, 2025. -36.51% less purchase transactions for Ocean Power Technologies in the last 30 days versus the previous period.

56%

Period: Oct 25, 2024 to Jan 23, 2025. Change in 30 Days versus previous period

Search volume for Ocean Power Technologies on INDmoney from India has grown in the last 30 days as on Jan 24, 2025. 56% more investors are searching Ocean Power Technologies in the last 30 days versus the previous period.

Global Institutional Holdings in Ocean Power Technologies

Vanguard Group Inc
1.21%
Geode Capital Management, LLC
0.51%
BlackRock Inc
0.40%
Sargent Investment Group, LLC
0.14%
State Street Corp
0.13%
XTX Topco Ltd
0.10%

Analyst Recommendation on Ocean Power Technologies

Analyst Forecast on Ocean Power Technologies

What analysts predicted

Upside of 614.29%

Target:

$6.00

Current:

$0.84

Insights on Ocean Power Technologies

Price Movement
In the last 1 month, OPTT stock has moved up by 155.7%
Increasing Revenue
Revenue is up for the last 2 quarters, 1.30M → 2.41M (in $), with an average increase of 46.2% per quarter
Increasing Net Profit
Netprofit is up for the last 3 quarters, -6.72M → -3.91M (in $), with an average increase of 32.4% per quarter
OPTT vs ETN (3 yr)
In the last 3 years, Eaton Corporation Plc has given 64.7% return, outperforming this stock by 84.7%

Ocean Power Technologies Financials in INR & Dollars

	FY19	Y/Y Change
Revenue	$632.0K	↑ 23.68%
Net Income	$-12.2M	↑ 20.57%
Net Profit Margin	-1.9K%	↑ 50.01%

	FY20	Y/Y Change
Revenue	$1.7M	↑ 166.14%
Net Income	$-10.4M	↓ 15.47%
Net Profit Margin	-615.46%	↑ 1322.2%

	FY21	Y/Y Change
Revenue	$1.2M	↓ 28.3%
Net Income	$-15.8M	↑ 53.06%
Net Profit Margin	-1.3K%	↓ 698.39%

	FY22	Y/Y Change
Revenue	$1.8M	↑ 45.85%
Net Income	$-18.9M	↑ 19.12%
Net Profit Margin	-1.1K%	↑ 240.85%

	FY23	Y/Y Change
Revenue	$2.7M	↑ 55.32%
Net Income	$-26.3M	↑ 39.48%
Net Profit Margin	-963.62%	↑ 109.38%

	FY24	Y/Y Change
Revenue	$5.5M	↑ 102.23%
Net Income	$-27.5M	↑ 4.39%
Net Profit Margin	-497.43%	↑ 466.19%

	Q3 FY23	Q/Q Change
Revenue	$1.3M	↑ 29.8%
Net Income	$-7.0M	↓ 23.44%
Net Profit Margin	-553.38%	↑ 384.78%

	Q4 FY23	Q/Q Change
Revenue	$889.0K	↓ 30.11%
Net Income	$-7.2M	↑ 2.47%
Net Profit Margin	-811.36%	↓ 257.98%

	Q1 FY24	Q/Q Change
Revenue	$1.8M	↑ 101.57%
Net Income	$-6.5M	↓ 9.76%
Net Profit Margin	-363.23%	↑ 448.13%

	Q2 FY24	Q/Q Change
Revenue	$1.6M	↓ 12.28%
Net Income	$-6.7M	↑ 3.27%
Net Profit Margin	-427.61%	↓ 64.38%

	Q3 FY24	Q/Q Change
Revenue	$1.3M	↓ 17.24%
Net Income	$-4.5M	↓ 33.75%
Net Profit Margin	-342.28%	↑ 85.33%

	Q4 FY24	Q/Q Change
Revenue	$2.4M	↑ 85.86%
Net Income	$-3.9M	↓ 12.13%
Net Profit Margin	-161.83%	↑ 180.45%

	FY19	Y/Y Change
Profit	$-671.0K	↑ 166.27%

	FY20	Y/Y Change
Profit	$-105.0K	↓ 84.35%

	FY21	Y/Y Change
Profit	$-1.1M	↑ 921.9%

	FY22	Y/Y Change
Profit	$-101.0K	↓ 90.59%

	FY23	Y/Y Change
Profit	$236.0K	↓ 333.66%

	FY24	Y/Y Change
Profit	$2.8M	↑ 1097.46%

	Q3 FY23	Q/Q Change
Profit	$663.0K	↓ 594.78%

	Q4 FY23	Q/Q Change
Profit	$488.0K	↓ 26.4%

	Q1 FY24	Q/Q Change
Profit	$813.0K	↑ 66.6%

	Q2 FY24	Q/Q Change
Profit	$862.0K	↑ 6.03%

	Q3 FY24	Q/Q Change
Profit	$447.0K	↓ 48.14%

	Q4 FY24	Q/Q Change
Profit	$795.0K	↑ 77.85%

	FY19	Y/Y Change
Operating Cash Flow	$-12.1M	↑ 13.5%
Investing Cash Flow	$-29.0K	↓ 95.59%
Financing Cash Flow	$17.2M	↑ 17.84%

	FY20	Y/Y Change
Operating Cash Flow	$-10.6M	↓ 12.86%
Investing Cash Flow	$-65.0K	↑ 124.14%
Financing Cash Flow	$4.4M	↓ 74.12%

	FY21	Y/Y Change
Operating Cash Flow	$-11.7M	↑ 10.35%
Investing Cash Flow	$74.0K	↓ 213.85%
Financing Cash Flow	$84.2M	↑ 1792.74%

	FY22	Y/Y Change
Operating Cash Flow	$-21.3M	↑ 82.42%
Investing Cash Flow	$-54.0M	↓ 73114.86%
Financing Cash Flow	$87.0K	↓ 99.9%

	FY23	Y/Y Change
Operating Cash Flow	$-21.7M	↑ 1.93%
Investing Cash Flow	$20.5M	↓ 137.87%
Financing Cash Flow	$-14.0K	↓ 116.09%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$-8.0M	↑ 42.22%
Investing Cash Flow	$5.0M	↑ 0.0%
Financing Cash Flow	$-2.0K	↓ 100.71%

Ocean Power Technologies Technicals Summary

Sell

Neutral

Buy

Ocean Power Technologies is currently in a neutral trading position according to technical analysis indicators.

Ocean Power Technologies Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Ocean Power Technologies Inc	85.5%	172.62%	170.26%	-19.95%	-0.51%
Parker-hannifin Corporation	4.4%	22.62%	44.15%	118.12%	250.53%
Illinois Tool Works Inc.	0.44%	5.01%	-0.87%	11.1%	49.91%
Emerson Electric Co.	3.78%	12.26%	36.29%	43.81%	77.88%
Eaton Corporation Plc	8.68%	24.14%	50.39%	134.81%	290.63%
Cummins Inc.	4.17%	27.04%	54.45%	62.76%	123.89%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Ocean Power Technologies Inc	NA	NA	0.0	0.0	-0.82	-0.44	NA	0.32
Parker-hannifin Corporation	30.61	30.61	2.82	26.74	0.25	0.09	0.01	100.15
Illinois Tool Works Inc.	22.61	22.61	2.93	11.42	1.08	0.17	0.02	11.48
Emerson Electric Co.	46.08	46.08	2.3	5.94	0.06	0.04	0.02	37.95
Eaton Corporation Plc	38.13	38.13	3.01	10.78	0.2	0.07	0.01	48.37
Cummins Inc.	24.03	24.03	0.73	20.53	0.19	0.07	0.02	75.19

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Ocean Power Technologies Inc	NA	$46.3M	-0.51%	NA	0.0%
Parker-hannifin Corporation	Buy	$87.3B	250.53%	30.61	14.47%
Illinois Tool Works Inc.	Hold	$77.2B	49.91%	22.61	21.66%
Emerson Electric Co.	Buy	$73.7B	77.88%	46.08	11.25%
Eaton Corporation Plc	Buy	$141.3B	290.63%	38.13	15.31%
Cummins Inc.	Hold	$50.4B	123.89%	24.03	6.13%

About Ocean Power Technologies

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.

Organization	Ocean Power Technologies
Employees	43
CEO	Dr. Philipp Stratmann
Industry	Electrical Products

Management People of Ocean Power Technologies

Name	Title
Dr. Philipp Stratmann	CEO, President & Director
Mr. Robert Patrick Powers	Senior VP, CFO & Principal Accounting Officer
Mr. Matthew Burdyny	Chief Commercial Officer
Mr. Tracy D. Pagliara CPA, J.D.	General Counsel & Secretary

Important FAQs about investing in Ocean Power Technologies (OPTT) from India :

What is Ocean Power Technologies share price today?

Ocean Power Technologies share price today stands at $0.84, Open: $0.93 ; Previous Close: $0.95 ; High: $0.91 ; Low: $0.84 ; 52 Week High: $1.75 ; 52 Week Low: $0.12. The stock opens at $0.93, after a previous close of $0.95. The stock reached a daily high of $0.91 and a low of $0.84, with a 52-week high of $1.75 and a 52-week low of $0.12.

Can Indians buy Ocean Power Technologies shares?

Yes, Indians can invest in the Ocean Power Technologies (OPTT) from India.

With INDmoney, you can buy Ocean Power Technologies at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Ocean Power Technologies at zero transaction cost.

How can I buy Ocean Power Technologies shares from India?

It is very easy to buy Ocean Power Technologies from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Ocean Power Technologies be purchased?

Yes, you can buy fractional shares of Ocean Power Technologies with INDmoney app.

What are the documents required to start investing in Ocean Power Technologies stocks?

To start investing in Ocean Power Technologies, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.