Ocean Power Technologies (OPTT) Receives Daily Media Sentiment Rating of 0.13

Media coverage about Ocean Power Technologies (NASDAQ:OPTT) has been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ocean Power Technologies earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave headlines about the energy company an impact score of 45.9746804585682 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Accern’s rankings:

Ocean Power Technologies (NASDAQ:OPTT) traded down $0.02 during midday trading on Tuesday, reaching $1.08. 553,800 shares of the company’s stock traded hands, compared to its average volume of 376,500. Ocean Power Technologies has a fifty-two week low of $1.02 and a fifty-two week high of $3.67. The stock has a market cap of $20.09, a PE ratio of -0.92 and a beta of 4.44.

Ocean Power Technologies (NASDAQ:OPTT) last posted its earnings results on Tuesday, December 12th. The energy company reported ($0.20) earnings per share (EPS) for the quarter. Ocean Power Technologies had a negative return on equity of 103.70% and a negative net margin of 1,306.84%. The firm had revenue of $0.09 million during the quarter.

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Ocean Power Technologies Company Profile

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.

Insider Buying and Selling by Quarter for Ocean Power Technologies (NASDAQ:OPTT)

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