The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Ocean Power Technologies’s current trading price is -72.84% away from its 52-week high, while its distance from the 52-week low is 296.08%. The stock’s price range for this period has been between $0.12 and $1.75 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 2.01 million for the day, a number notably lower than the average daily volume of 5.3 million over the last three months.
In terms of market performance, Ocean Power Technologies had a fairly even. The highest value for the stock in the past year was $1.75 on 01/06/25, and the lowest value was recorded at $0.12 on 06/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Ocean Power Technologies (OPTT) has experienced a quarterly decline of -35.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.78M and boasts a workforce of 43 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5964, with a change in price of +0.1601. Similarly, Ocean Power Technologies recorded 17,567,430 in trading volume during the last 100 days, posting a change of +50.03%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OPTT stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.03.
OPTT Stock Stochastic Average
As of today, Ocean Power Technologies’s raw stochastic average for the last 50 days stands at 45.80%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 83.30%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 82.79% and 74.36%, respectively.
OPTT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -53.40% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 217.50%. Over the past 30 days, the price of OPTT has fallen by 43.55%. And in the last five days, it has surged by 15.70%.
