RUOC Stock Overview Develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. More details
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Ocean Power Technologies, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Ocean Power Technologies Historical stock prices Current Share Price US$0.74 52 Week High US$1.61 52 Week Low US$0.078 Beta 2.64 1 Month Change -24.95% 3 Month Change 665.19% 1 Year Change 223.04% 3 Year Change -18.13% 5 Year Change 1.78% Change since IPO -99.97%
Recent News & Updates
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities Jan 21
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors Jan 17
Insufficient new directors Jan 01
Ocean Power Technologies, Inc. Provides Earnings Guidance for the Second Quarter of the Fiscal Year 2025 Dec 04
Ocean Power Technologies, Inc., Annual General Meeting, Jan 16, 2025 Nov 19 Ocean Power Technologies, Inc. to Report Q2, 2025 Results on Dec 02, 2024 See more updates
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities Jan 21
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors Jan 17
Insufficient new directors Jan 01
Ocean Power Technologies, Inc. Provides Earnings Guidance for the Second Quarter of the Fiscal Year 2025 Dec 04
Ocean Power Technologies, Inc., Annual General Meeting, Jan 16, 2025 Nov 19 Ocean Power Technologies, Inc. to Report Q2, 2025 Results on Dec 02, 2024
Ocean Power Technologies, Inc. to Exhibit Autonomous Vehicle Services at ADIPEC with Unique Group Oct 16 Ocean Power Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $3 million. Sep 20
First quarter 2025 earnings released: US$0.054 loss per share (vs US$0.12 loss in 1Q 2024) Sep 17
Ocean Power Technologies, Inc. to Report Q1, 2025 Results on Sep 16, 2024 Aug 22
Ocean Power Technologies, Inc. Announces Patent Pending on Innovative Docking and Recharging Buoy Technology Aug 02
New major risk - Shareholder dilution Jul 29
New minor risk - Shareholder dilution Jul 28
Paragon Technologies Recommends Shareholders to Vote Against Ocean Power Technologies’ Plan to Increase its Authorized Shares Jul 27
Full year 2024 earnings released: US$0.47 loss per share (vs US$0.47 loss in FY 2023) Jul 26
Ocean Power Technologies, Inc. to Report Q4, 2024 Results on Jul 25, 2024 Jul 13
Ocean Power Technologies Signs Agreement with AltaSea to Advance Wave Power Projects Jul 09
New major risk - Shareholder dilution Jul 09
Ocean Power Technologies, Inc. Launches Global 24/7 Service Support Offering Jun 18
New major risk - Market cap size Jun 07
Ocean Power Technologies, Inc Announces Approaching 15MWh of Renewable Energy Production from its Family of PowerBuoys May 16
Ocean Power Technologies Successfully Demonstrates Advanced AI Solutions in the North Atlantic May 08
Ocean Power Technologies, Inc. Announces Management Changes Apr 28
Paragon Technologies Provides Information to Shareholders of Ocean Power Technologies Apr 19 Paragon Technologies Files Complaint Alleging Ocean Power Technologies Failed to Achieve A Legitimate Quorum At Its Annual Meeting of Shareholders
Paragon Technologies Files Complaint Alleging Ocean Power Technologies Failed to Achieve A Legitimate Quorum At Its Annual Meeting of Shareholders Apr 13
Ocean Power Technologies, Inc. Announces Merrows, A Consolidated Solution for Maritime Domain Awareness Apr 02 Ocean Power Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $7 million. Mar 22
New major risk - Financial position Mar 15
Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.11 loss in 3Q 2023) Mar 15
Ocean Power Technologies, Inc. to Report Q3, 2024 Results on Mar 13, 2024 Feb 22
Paragon Technologies Asks Ocean Power to Provide Shareholder Transparency to Recent Announcements Feb 16
Paragon Technologies Issues Press Release relating to Ocean Power Technologies Feb 09
Paragon Technologies, Inc Provides Information to Ocean Power Technologies, Inc Shareholders Feb 05
Paragon Technologies Issues a Press Release Relating to Ocean Power Technologies Jan 26
Paragon Technologies Issues a Statement to the Shareholders Jan 19 Ocean Power Technologies, Inc. Provides Earnings Guidance for the Year 2025 Jan 18
Ocean Power Technologies Inc Issues Presentation to Shareholders Jan 17
Paragon Technologies Issues Presentation to Ocean Power Technologies, Inc Shareholders Jan 05
Paragon Technologies, Inc Issues a Statement Relating to Ocean Power Technologies, Inc Dec 29
Second quarter 2024 earnings released: US$0.12 loss per share (vs US$0.087 loss in 2Q 2023) Dec 14
Ocean Power Technologies, Inc. to Report Q2, 2024 Results on Dec 13, 2023 Nov 22
Paragon Technologies Provides Information to the Shareholders Nov 18 Paragon Technologies, Inc Provides Information to Shareholders Nov 17
Ocean Power Technologies, Inc. Appoints Matt Burdyny as Chief Commercial Officer Nov 15
Ocean Power Technologies, Inc., Annual General Meeting, Jan 24, 2024 Oct 26
Paragon Technologies Asks the Independent Directors of Ocean Power Technologies to Consider the Decisions they are Approving Oct 25
Paragon Technologies Provides Information to Shareholders of Ocean Power Technologies Oct 24 Paragon Technologies Submits a Second Request to Ocean Power Technologies
New major risk - Financial position Sep 14
First quarter 2024 earnings released: US$0.12 loss per share (vs US$0.10 loss in 1Q 2023) Sep 14
Ocean Power Technologies, Inc. Unveils Breakthrough: Wam-V Demonstrates Remote Connection to Powerbuoy for On-Water Charging Aug 19
Ocean Power Technologies, Inc. to Report Q1, 2024 Results on Sep 13, 2023 Aug 15
Full year 2023 earnings released: US$0.47 loss per share (vs US$0.35 loss in FY 2022) Jul 13
New minor risk - Shareholder dilution Jul 02
Ocean Power Technologies, Inc. to Report Q4, 2023 Results on Jul 12, 2023 Jun 16
High number of new and inexperienced directors Jun 08
Ocean Power Technologies, Inc. to Report Q3, 2023 Results on Mar 13, 2023 Feb 14
Ocean Power Technologies, Inc., Annual General Meeting, Jan 13, 2023 Dec 15
Ocean Power Technologies, Inc. to Report Q2, 2023 Results on Dec 14, 2022 Nov 11
Ocean Power Technologies, Inc., Annual General Meeting, Dec 14, 2022 Oct 20
Ocean Power Technologies, Inc. to Report Q1, 2023 Results on Sep 12, 2022 Aug 13
Ocean Power Technologies, Inc. to Report Q4, 2022 Results on Jul 13, 2022 Jun 15
Ocean Power Technologies, Inc. to Report Q3, 2022 Results on Mar 14, 2022 Feb 03
Ocean Power Technologies, Inc. Receives $1 Million of Non-Dilutive Funding Through NJEDA Technology Business Tax Certificate Transfer Program May 13
Third quarter 2021 earnings released: US$0.093 loss per share (vs US$0.46 loss in 3Q 2020) Mar 07
Ocean Power Technologies, Inc. (NasdaqCM:OPTT) acquired 3Dent Technology, LLC from Jose H. Vazquez, Bart D. Grasso and Frank D.M. Strachan IV for $0.8 million. Feb 04
New 90-day high: €2.68 Jan 19 Ocean Power Technologies, Inc. Approves Selection of EisnerAmper LLP as Independent Registered Public Accounting Firm for Fiscal Year 2021
Ocean Power Technologies Taps SeaTrepid International for First Remote OPT PowerBuoy® Deployment Dec 10
Second quarter 2021 earnings released: US$0.15 loss per share Dec 09
Ocean Power Technologies, Inc. Announces Jorge Franco Has Joined the Company as Regional Sales Representative Based in Spain Nov 25
Ocean Power Technologies, Inc. Wins Subsea Systems Engineering Contract Nov 17
Ocean Power Technologies, Inc., Annual General Meeting, Dec 23, 2020 Nov 03
New 90-day high: €2.08 Oct 06
Ocean Power Technologies, Inc. announced that it expects to receive $12.5 million in funding from Aspire Capital Partners, LLC Sep 19
First quarter earnings released Sep 16
New 90-day high - €0.90 Aug 06 Shareholder Returns RUOC DE Electrical DE Market 7D 4.9% -3.5% 1.9% 1Y 223.0% 147.1% 15.1%
See full shareholder returns
Return vs Market: RUOC exceeded the German Market which returned 15.1% over the past year.
Price Volatility Is RUOC's price volatile compared to industry and market? RUOC volatility RUOC Average Weekly Movement 47.5% Electrical Industry Average Movement 6.5% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.3% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: RUOC's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: RUOC's weekly volatility (47%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services.
Show more Ocean Power Technologies, Inc. Fundamentals Summary How do Ocean Power Technologies's earnings and revenue compare to its market cap? RUOC fundamental statistics Market cap €92.41m Earnings (TTM ) -€20.83m Revenue (TTM ) €6.83m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) RUOC income statement (TTM ) Revenue US$7.08m Cost of Revenue US$4.17m Gross Profit US$2.92m Other Expenses US$24.51m Earnings -US$21.60m
Last Reported Earnings
Oct 31, 2024
Earnings per share (EPS) -0.15 Gross Margin 41.18% Net Profit Margin -304.90% Debt/Equity Ratio 0%
How did RUOC perform over the long term?
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Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/02 07:24 End of Day Share Price 2025/01/31 00:00 Earnings 2024/10/31 Annual Earnings 2024/04/30
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Ocean Power Technologies, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Amit Dayal H.C. Wainwright & Co. Amit Dayal Rodman & Renshaw, LLC Justin Cable Seaport Research Partners
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