Ocean Power Technologies, Inc. (NASDAQ:OPTT) will report its next earnings on Dec 12 – Dec 16 (Est.). The company reported the earnings of $-1.05/Share in the last quarter where the estimated EPS by analysts was $-1.85/share. The difference between the expected and actual EPS was $0.8/share, which represents an Earnings surprise of 43.2%.
Some buy side analysts are also providing their Analysis on Ocean Power Technologies, Inc., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 1 Analysts reported that the Price Target for Ocean Power Technologies, Inc. might touch $6 high while the Average Price Target and Low price Target is $6 and $6 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Ocean Power Technologies, Inc. got Initiated on 9-May-13 where investment firm Ascendiant Capital Markets Initiated the stock to Strong Buy.
Ocean Power Technologies, Inc. closed its last trading session at $3.42 with the loss of -1.75%. The Market Capitalization of the company stands at 15.09 Million. The Company has 52-week high of $15.65 and 52-week low of $0.95. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -44.49% where SMA50 and SMA200 are -54.95% and -16.69% respectively. The Company Touched its 52-Week High on Jul 20, 2016 and 52-Week Low on Jan 20, 2016.
The Relative Volume of the company is 4.06 and Average Volume (3 months) is 1.94 million. Ocean Power Technologies, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0.
The company shows its Return on Assets (ROA) value of -111.6%. The Return on Equity (ROE) value stands at -232.9%. While it’s Return on Investment (ROI) value is -356.3%.
While looking at the Stock’s Performance, Ocean Power Technologies, Inc. currently shows a Weekly Performance of -32.26%, where Monthly Performance is -53.46%, Quarterly performance is -75.86%, 6 Months performance is 83.13% and yearly performance percentage is -4%. Year to Date performance value (YTD perf) value is 60%. The Stock currently has a Weekly Volatility of 19.89% and Monthly Volatility of 11.46%.