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Ocean Power Technologies (OPTT) USD0.001

Sell:$2.21 Buy:$2.24 Change: $0.07 (3.27%)
Market closed |  Prices as at close on 18 May 2021 | Switch to live prices |
Sell:$2.21
Buy:$2.24
Change: $0.07 (3.27%)
Market closed |  Prices as at close on 18 May 2021 | Switch to live prices |
Sell:$2.21
Buy:$2.24
Change: $0.07 (3.27%)
Market closed |  Prices as at close on 18 May 2021 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Ocean Power Technologies, Inc. is developing and seeking to commercialize its systems that generate electricity by connecting the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies that convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company focuses on developing its PowerBuoy product line, which is based on modular, ocean-going buoys. Its autonomous PowerBuoy generates power for use in remote locations, independent of an existing power grid. The Company focuses on developing and commercializing its PowerBuoy products and services for use in autonomous power applications. The Company markets its PowerBuoys in the United States and internationally. The autonomous PowerBuoy integrates a power take-off (PTO) and onboard system for energy storage and management. Its PowerBuoy product is the PB3. PB3 can act as an uninterruptable power supply (UPS), which recharges itself by harvesting energy from the waves.

Contact details

Address:
28 Engelhard Drive, Suite B
MONROE TOWNSHIP
08831
United States
Telephone:
+1 (609) 7300400
Website:
www.oceanpowertechnologies.com

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
OPTT
ISIN:
US6748705067
Market cap:
$108.60 million
Shares in issue:
50.99 million
Sector:
Heavy Electrical Equipment
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • George Kirby
    President, Chief Executive Officer, Director
  • Matthew Shafer
    Chief Financial Officer, Principal Accounting Officer, Vice President - Finance, Treasurer
  • Terence Cryan
    Chairman of the Board

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.