Ocean Power Technologies Stock Price History
| OPTT Stock | USD 0.34 0.05 17.24% |
Below is the normalized historical share price chart for Ocean Power Technologies extending back to May 19, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ocean Power stands at 0.34, as last reported on the 16th of December 2024, with the highest price reaching 0.34 and the lowest price hitting 0.29 during the day.
If you're considering investing in Ocean Stock, it is important to understand the factors that can impact its price. Ocean Power is out of control given 3 months investment horizon. Ocean Power Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.72% are justified by taking the suggested risk. Use Ocean Power Risk Adjusted Performance of 0.1032, semi deviation of 8.52, and Coefficient Of Variation of 773.32 to evaluate company specific risk that cannot be diversified away.
At this time, Ocean Power's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 62 M in 2024, whereas Capital Stock is likely to drop slightly above 44.5 K in 2024. . Price To Sales Ratio is likely to drop to 1.96 in 2024. Price Earnings Ratio is likely to drop to -0.44 in 2024. Ocean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of April 2007 | 200 Day MA 0.2226 | 50 Day MA 0.2108 | Beta 2.19 |
Ocean |
Sharpe Ratio = 0.1302
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | OPTT | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.72 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ocean Power is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ocean Power by adding it to a well-diversified portfolio.
Price Book 1.9164 | Enterprise Value Ebitda (0.25) | Price Sales 7.698 | Shares Float 84.4 M | Wall Street Target Price 6 |
Ocean Power Stock Price History Chart
There are several ways to analyze Ocean Stock price data. The simplest method is using a basic Ocean candlestick price chart, which shows Ocean Power price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | December 2, 2024 | 0.7 |
| Lowest Price | October 1, 2024 | 0.14 |
Ocean Power December 16, 2024 Stock Price Synopsis
Various analyses of Ocean Power's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ocean Stock. It can be used to describe the percentage change in the price of Ocean Power from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ocean Stock.| Ocean Power Price Rate Of Daily Change | 1.17 | |
| Ocean Power Price Action Indicator | 0.05 | |
| Ocean Power Price Daily Balance Of Power | 1.00 |
Ocean Power December 16, 2024 Stock Price Analysis
Ocean Stock Price History Data
The price series of Ocean Power for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 has a statistical range of 0.56 with a coefficient of variation of 49.93. The daily prices for the period are spread out with arithmetic mean of 0.2. The median price for the last 90 days is 0.16. The company underwent 1:20 stock split on 12th of March 2019. Ocean Power Technologies issued dividends to stockholders on 2019-03-12.| Open | High | Low | Close | Volume | ||
12/16/2024 | 0.29 | 0.34 | 0.29 | 0.34 | ||
12/16/2024 | 0.29 | 0.34 | 0.29 | 0.34 | ||
| 12/13/2024 | 0.29 | 0.34 | 0.29 | 0.34 | 28,996,753 | |
| 12/12/2024 | 0.30 | 0.31 | 0.28 | 0.29 | 8,984,564 | |
| 12/11/2024 | 0.30 | 0.31 | 0.29 | 0.30 | 9,502,413 | |
| 12/10/2024 | 0.32 | 0.33 | 0.28 | 0.30 | 18,201,750 | |
| 12/09/2024 | 0.37 | 0.37 | 0.32 | 0.32 | 26,632,560 | |
| 12/06/2024 | 0.37 | 0.38 | 0.33 | 0.34 | 18,555,808 | |
| 12/05/2024 | 0.38 | 0.40 | 0.36 | 0.37 | 18,432,234 | |
| 12/04/2024 | 0.40 | 0.48 | 0.38 | 0.41 | 75,454,948 | |
| 12/03/2024 | 0.36 | 0.42 | 0.30 | 0.37 | 102,777,983 | |
| 12/02/2024 | 0.70 | 0.82 | 0.60 | 0.70 | 343,181,251 | |
| 11/29/2024 | 0.44 | 0.53 | 0.42 | 0.50 | 89,253,891 | |
| 11/27/2024 | 0.36 | 0.43 | 0.33 | 0.37 | 211,974,353 | |
| 11/26/2024 | 0.20 | 0.29 | 0.20 | 0.29 | 253,730,987 | |
| 11/25/2024 | 0.18 | 0.20 | 0.17 | 0.18 | 23,018,401 | |
| 11/22/2024 | 0.16 | 0.19 | 0.16 | 0.16 | 22,327,186 | |
| 11/21/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 1,849,640 | |
| 11/20/2024 | 0.15 | 0.16 | 0.15 | 0.15 | 4,863,401 | |
| 11/19/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 2,739,694 | |
| 11/18/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 1,738,145 | |
| 11/15/2024 | 0.14 | 0.15 | 0.14 | 0.14 | 2,117,135 | |
| 11/14/2024 | 0.14 | 0.15 | 0.14 | 0.14 | 1,520,349 | |
| 11/13/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 2,751,058 | |
| 11/12/2024 | 0.15 | 0.16 | 0.15 | 0.15 | 3,781,193 | |
| 11/11/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 2,156,918 | |
| 11/08/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 1,711,709 | |
| 11/07/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 1,639,219 | |
| 11/06/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 2,472,326 | |
| 11/05/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 1,572,664 | |
| 11/04/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 1,445,671 | |
| 11/01/2024 | 0.15 | 0.15 | 0.14 | 0.14 | 2,333,836 | |
| 10/31/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 2,350,644 | |
| 10/30/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 2,611,819 | |
| 10/29/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 2,509,372 | |
| 10/28/2024 | 0.15 | 0.16 | 0.15 | 0.15 | 2,727,672 | |
| 10/25/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 1,248,655 | |
| 10/24/2024 | 0.15 | 0.16 | 0.15 | 0.15 | 2,924,519 | |
| 10/23/2024 | 0.16 | 0.16 | 0.15 | 0.15 | 1,642,922 | |
| 10/22/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1,015,266 | |
| 10/21/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1,801,249 | |
| 10/18/2024 | 0.16 | 0.17 | 0.16 | 0.16 | 2,808,276 | |
| 10/17/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1,266,995 | |
| 10/16/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 2,443,471 | |
| 10/15/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1,307,650 | |
| 10/14/2024 | 0.16 | 0.17 | 0.15 | 0.16 | 2,951,395 | |
| 10/11/2024 | 0.15 | 0.16 | 0.15 | 0.15 | 1,456,742 | |
| 10/10/2024 | 0.15 | 0.15 | 0.15 | 0.15 | 996,521 | |
| 10/09/2024 | 0.16 | 0.16 | 0.15 | 0.15 | 1,658,729 | |
| 10/08/2024 | 0.15 | 0.16 | 0.14 | 0.15 | 3,041,388 | |
| 10/07/2024 | 0.16 | 0.16 | 0.15 | 0.15 | 3,089,808 | |
| 10/04/2024 | 0.15 | 0.16 | 0.15 | 0.16 | 4,305,760 | |
| 10/03/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 2,621,014 | |
| 10/02/2024 | 0.15 | 0.15 | 0.14 | 0.15 | 4,474,414 | |
| 10/01/2024 | 0.15 | 0.15 | 0.14 | 0.14 | 5,251,624 | |
| 09/30/2024 | 0.16 | 0.16 | 0.15 | 0.16 | 5,567,008 | |
| 09/27/2024 | 0.17 | 0.17 | 0.16 | 0.16 | 11,349,430 | |
| 09/26/2024 | 0.17 | 0.17 | 0.15 | 0.16 | 7,075,782 | |
| 09/25/2024 | 0.18 | 0.19 | 0.16 | 0.16 | 9,463,817 | |
| 09/24/2024 | 0.21 | 0.21 | 0.18 | 0.18 | 6,656,787 | |
| 09/23/2024 | 0.19 | 0.21 | 0.19 | 0.20 | 5,490,313 |
About Ocean Power Stock history
Ocean Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ocean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ocean Power Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ocean Power stock prices may prove useful in developing a viable investing in Ocean Power
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59 M | 62 M | |
| Net Loss | -23.7 M | -22.5 M |
Ocean Power Quarterly Net Working Capital |
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Ocean Power Stock Technical Analysis
Ocean Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Ocean Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ocean Power's price direction in advance. Along with the technical and fundamental analysis of Ocean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ocean to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1032 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | 0.0606 | |||
| Sortino Ratio | 0.1098 | |||
| Treynor Ratio | 0.6254 |
| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.