Ocean Power Technologies - Reg S Shares Fall 2.7% Below Previous 52-Week Low - Market Mover

The shares fell 2.7% lower than its previous 52-week low of $1.46, with trading volume lower than its 30 day average

Jan 07, 2022 by Kwhen Finance Editors

Ocean Power Technologies - Reg S Shares Fall 2.7% Below Previous 52-Week Low - Market Mover
Ocean Power Technologies - Reg S (OPTT) shares closed 2.7% lower than its previous 52 week low, giving the company a market cap of $82M. The stock is currently flat year-to-date, down 45.2% over the past 12 months, and down 97.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 1.9%.

Trading Activity

  • Trading volume this week was 42.9% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Industrials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Ocean Power Technologies - Reg S-4.10.0-45.2-79.52.7
Dow Jones Industrial Average-0.50.221.9-1.424.0
S&P 500 Index-0.1-1.427.8-2.528.8
Industrials0.00.018.3-1.922.2

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -100.0%
  • The company's stock price performance over the past 12 months lags the peer average by 195.1%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Ocean Power Technologies - Reg SOPTT00-45.2-79.52.7
Peer AvgN/A-55.51.7-15.3-30.211.6
General Electric Co.GE-262.35.215.7-13.118.8
Lockheed Martin Corp.LMT16.30.85.8-7.616.0
Woodward IncWWD16.70.8-8.4-14.79.7
Broadwind IncBWEN7.40-74.4-85.22.1

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