Ocean Power Technologies, Inc. (NASDAQ:OPTT – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.
Ocean Power Technologies Stock Performance
The company has a market cap of $11.64 million, a P/E ratio of -0.38 and a beta of 2.09. The stock has a 50-day moving average of $0.17 and a two-hundred day moving average of $0.25.
About Ocean Power Technologies
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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