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Ocean Power Technologies, Inc. (OPTT)
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| Last Traded At: |
$7.06
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$0.01
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| Volume: |
39,111 |
| Price/Earnings: |
$0.00 |
| Earnings Per Share: |
($1.53) |
| 52 Week High: |
$11.22 |
| 52 Week Low: |
$3.78 |
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| StockSpiker Coverage & Performance |
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| About Ocean Power Technologies, Inc. |
| We develop and are commercializing proprietary systems that generate electricity
by harnessing the renewable energy of ocean waves. The energy in ocean waves is
predictable, and electricity from wave energy can be produced on a consistent
basis at numerous sites located near major population centers worldwide. Wave
energy is an emerging segment of the renewable energy market. Based on our
proprietary technology, considerable ocean experience, existing products and
expanding commercial relationships, we believe we are the leading wave energy
company.
We currently offer two products as part of our line of PowerBuoy systems: a
utility PowerBuoy system and an autonomous PowerBuoy system. Our PowerBuoy
system is based on modular, ocean-going buoys, which we have been ocean testing
for nearly a decade. The rising and falling of the waves moves the buoy-like
structure creating mechanical energy that our proprietary technologies convert
into electricity. |
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