After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
OPTT belongs to the Industrials sector of the AMEX while operating in the Specialty Industrial Machinery industry. The current market capitalization of Ocean Power Technologies is $91.26M. A total of 6.41 million shares were traded on the day, compared to an average of 24.39M shares.
In the most recent transaction, Slaiby Peter E. bought 35,000 shares of OPTT for 0.19 per share on Nov 25 ’24. After the transaction, the Director now owns 241,871 company shares. In a previous transaction on Nov 13 ’24, Cryan Terence James bought 100,000 shares at 0.15 per share. OPTT shares that Director owns now total 358,658.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, OPTT has a high of $1.75 and a low of $0.12.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. OPTT’s latest balance sheet shows that the firm has $57.27M in Cash & Short Term Investments as of fiscal 2022. There were $857.00k in debt and $2.98M in liabilities at the time. Its Book Value Per Share was $0.17, while its Total Shareholder’s Equity was $68.83M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OPTT is Buy with a score of 0.00.
