Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Ocean Power Technologies’s current trading price is -69.94% away from its 52-week high, while its distance from the 52-week low is 338.33%. The stock’s price range over this period has fluctuated between $0.12 and $1.75. The company, operating within the financial sector, had a trading volume of approximately 3.86 million for the day, which was noticeably lower than the average daily share volume of 4.71 million over the last 3 months.
Ocean Power Technologies experienced a rather steady stock market performance. The highest value in the past year was recorded at $1.75 on 01/06/25 and the lowest value was $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 -25.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 90.50M 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 0.6148, with a change in price of +0.1905. Similarly, Ocean Power Technologies recorded 16,264,997 in trading volume during the last 100 days, posting a change of +56.78%.
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
Today’s raw stochastic average for Ocean Power Technologies over the last 50 days is 66.96%.This indicates a increase from the raw stochastic average of the past 20 days, which was 62.17%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 71.17% and 76.25%, respectively.
OPTT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -48.43% this year. Over the last six months, there has been a weaker performance of 261.51%. The price of OPTT fallen by 31.50% during the last 30 days period. For the last 5-days stocks have improved 6.26%.
