Ocean Power Technologies, Inc. – Consensus Indicates Potential 126.4% Upside

Broker Ratings

Ocean Power Technologies, Inc. with ticker code (OPTT) now have 1 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 6 and 6 calculating the average target price we see 6. With the stocks previous close at 2.65 this would imply there is a potential upside of 126.4%. The day 50 moving average is 2.28 and the 200 moving average now moves to 1.43. The market cap for the company is $91m. Find out more information at: http://www.oceanpowertechnologies.com

Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Good news travels fast (but only if you make that happen):

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index