Ocean Power Technologies, Inc. (NASDAQ:OPTT – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.26 and traded as high as $0.27. Ocean Power Technologies shares last traded at $0.18, with a volume of 396,309,207 shares trading hands.
Ocean Power Technologies Trading Up 34.9 %
The firm has a market capitalization of $10.77 million, a PE ratio of -0.35 and a beta of 2.09. The business has a 50-day moving average of $0.18 and a 200 day moving average of $0.26.
Ocean Power Technologies Company Profile
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, Australia, and Asia. It offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations.
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