Nov. 6, 2018 Price forecast | 2 weeks: 6.70% | 1 month: 7.37% | 3 months: 11.00% | Premium Forecast


OPTT stock forecast

Our latest prediction for Ocean Power Technologies, Inc.'s stock price was made on the Nov. 6, 2018 when the stock price was at 0.52$.

In the short term (2weeks), OPTT's stock price should outperform the market by 6.70%. During that period the price should oscillate between -9.57% and +21.24%.

In the medium term (3months), OPTT's stock price should outperform the market by 11.00%. During that period the price should oscillate between -21.91% and +66.33%.


About Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers the PB3 PowerBuoy which generates electricity by harnessing the renewable energy of ocean waves. The company operates through the following geographical segments: North America; Europe; and Asia and Australia. Ocean Power Technologies was founded by George W. Taylor on April 19, 1984 and is headquartered in Monroe Township, NJ.

At the moment the company doesn't generate any revenue.

On its last earning announcement, the company reported a loss of -0.63$ per share.

The book value per share is 0.38$

Ocean Power Technologies, Inc. website


Three months stock forecastNov. 6, 2018


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
- -242.60% -13M - -12M -0.63 - - 18M 0.38 -12M - -12M