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Ocean Power Technologies share price today

(OPTT)

Ocean Power Technologies share price is $0.34 & ₹28.89 as on 21 Dec 2024, 2.30 'hrs' IST

$0.34

▲

0.02

(7.74%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Ocean Power Technologies share price in Dollar and Rupees. Guide to invest in Ocean Power Technologies from India. Also see the sentimental analysis on Indian investors investing in Ocean Power Technologies. Get details on the Indian mutual funds that are investing in Ocean Power Technologies. Get Analyst recommendations and forecasts along with all the Ocean Power Technologies's financials.

Ocean Power Technologies share price movements

Today's Low: $0.29
Today's High: $0.34
$0.34
13.76%
Downside
Day's Volatility :14.34%
Upside
0.67%
52 Weeks Low: $0.12
52 Weeks High: $0.82
$0.34
64.71%
Downside
52 Weeks Volatility :85.29%
Upside
58.33%

Ocean Power Technologies Returns

Period	Ocean Power Technologies Inc	Index (Russel 2000)
3 Months	67.75%	0.0%
6 Months	147.42%	0.0%
1 Year	-3.56%	0.0%
3 Years	-81.15%	-19.7%

Ocean Power Technologies Key Statistics

in dollars & INR

Previous Close	$0.3114
Open	$0.31
Today's High	$0.3423
Today's Low	$0.2932
Market Capitalization	$46.3M
Today's Volume	$12.8M
52 Week High	$0.816
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 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 2.499 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

₹1,05,053

Returns

₹5,053

(+5.05%)

Returns from Ocean Power Technologies Stock

₹2,857 (false-2.86%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Ocean Power Technologies

2379.17%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Investment in Ocean Power Technologies from India has grown in the last 30 days as on Dec 21, 2024. 2379.17% more purchase transactions for Ocean Power Technologies in the last 30 days versus the previous period.

769%

Period: Sep 21, 2024 to Dec 20, 2024. 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 Dec 21, 2024. 769% 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
1.39%
Geode Capital Management, LLC
0.59%
BlackRock Inc
0.46%
Sargent Investment Group, LLC
0.16%
State Street Corp
0.16%
Jane Street Group LLC
0.13%

Analyst Recommendation on Ocean Power Technologies

Analyst Forecast on Ocean Power Technologies

What analysts predicted

Upside of 1664.71%

Current:

$0.34

Target:

$6.00

Insights on Ocean Power Technologies

Price Movement
In the last 1 month, OPTT stock has moved up by 117.9%
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 CMI (1 yr)
In the last 1 year, Cummins Inc. has given 44.0% return, outperforming this stock by 45.3%
OPTT vs PH (3 yr)
In the last 3 years, Parker-hannifin Corporation has given 65.9% return, outperforming this stock by 147.2%
Price to Sales
ForOPTT every $1 of sales, investors are willing to pay $3.9, whereas for Cummins Inc., the investors are paying $1.4 for every $1 of sales.

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 favorable trading position ( BUY ) 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	117.86%	147.42%	-3.56%	-81.15%	-57.17%
Emerson Electric Co.	-3.26%	13.51%	28.67%	38.08%	61.6%
Illinois Tool Works Inc.	-4.09%	6.69%	-1.18%	8.87%	42.94%
Parker-hannifin Corporation	-7.9%	26.83%	41.25%	111.17%	210.87%
Cummins Inc.	-4.74%	23.74%	48.27%	66.59%	93.68%
Eaton Corporation Plc	-8.85%	4.98%	41.69%	102.78%	255.43%

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
Emerson Electric Co.	43.54	43.54	2.3	5.48	0.06	0.04	0.02	37.95
Illinois Tool Works Inc.	22.62	22.62	2.98	11.36	1.08	0.17	0.02	11.48
Parker-hannifin Corporation	28.82	28.82	2.71	24.84	0.25	0.09	0.01	100.15
Cummins Inc.	22.89	22.89	0.69	20.48	0.19	0.07	0.02	75.19
Eaton Corporation Plc	35.71	35.71	2.91	10.79	0.2	0.07	0.01	48.37

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Ocean Power Technologies Inc	NA	$46.3M	-57.17%	NA	0.0%
Emerson Electric Co.	Buy	$69.7B	61.6%	43.54	11.25%
Illinois Tool Works Inc.	Hold	$77.1B	42.94%	22.62	21.66%
Parker-hannifin Corporation	Buy	$82.3B	210.87%	28.82	14.47%
Cummins Inc.	Hold	$48.0B	93.68%	22.89	6.13%
Eaton Corporation Plc	Buy	$132.6B	255.43%	35.71	15.31%

About Ocean Power Technologies

ocean power technologies (nasdaq:optt) is a pioneer in renewable wave-energy technology that converts ocean wave energy into electricity. opt specializes in advanced autonomous (not grid connected), cost-effective, and environmentally sound ocean wave based power generation and management technology. the powerbuoy system integrates patented technologies in hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves. the result is a leading edge, ocean-tested, proprietary autonomous system that turns wave power into reliable, clean, and environmentally beneficial electricity for offshore applications. wave power is abundant in all areas of the world and its harnessing offers a dependable clean source of renewable and cost effective energy. opt’s powerbuoy converts such energy to provide persistent and reliable power generation for marine applications. current solutions for applications that require persistent, long-term operat

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 from India :

What is Ocean Power Technologies share price today?

Ocean Power Technologies share price today stands at $0.34, Open: $0.31 ; Previous Close: $0.31 ; High: $0.34 ; Low: $0.29 ; 52 Week High: $0.82 ; 52 Week Low: $0.12. The stock opens at $0.31, after a previous close of $0.31. The stock reached a daily high of $0.34 and a low of $0.29, with a 52-week high of $0.82 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.