About
About Ocean Power Technologies, Inc
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
Research context
Ocean Power Technologies, Inc appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
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5 years, 7 months ago
Ocean Power Technologies, Inc is currently in a long term downtrend where the price is trading 16.6% below its 200 day moving average.
From a valuation standpoint, the stock is 248.2% more expensive than other stocks from the Industrials sector with a price to sales ratio of 54.6.
Ocean Power Technologies, Inc's total revenue sank by 56.3% to $317K since the same quarter in the previous year.
Its net income has dropped by 7.9% to $-3M since the same quarter in the previous year.
Finally, its free cash flow fell by 28.1% to $-3M since the same quarter in the previous year.
Based on the above factors, Ocean Power Technologies, Inc gets an overall score of 0/5.