Ocean Energy Applied sciences (NASDAQ:OPTT) Share Value Crosses Above 200-Day Shifting Common of $1.04
Ocean Energy Applied sciences, Inc. (NASDAQ:OPTT – Get Score)’s share value crossed above its 200-day shifting common throughout buying and selling on Monday . The inventory has a 200-day shifting common of $1.04 and traded as excessive as $1.09. Ocean Energy Applied sciences shares final traded at $1.03, with a quantity of 409.935 shares traded.
Ocean Energy Applied sciences Inventory Efficiency
The corporate has a market cap of $57.56 million, a price-to-earnings ratio of -2.94 and a beta of 1.94. The enterprise has a fifty day shifting common value of $0.81 and a 200 day shifting common value of $1.04.
Ocean Energy Applied sciences (NASDAQ:OPTT – Get Score) final posted its quarterly earnings outcomes on Wednesday, July thirteenth. The vitality firm reported ($0.09) EPS for the quarter. Ocean Energy Applied sciences had a detrimental return on fairness of 25.77% and a detrimental internet margin of 1,073.00%. The enterprise had income of $0.76 million for the quarter.
Hedge Funds Weigh In On Ocean Energy Applied sciences
Plenty of institutional buyers and hedge funds have just lately purchased and bought shares of the corporate. Jane Road Group LLC acquired a brand new place in Ocean Energy Applied sciences within the 1st quarter value about $55,000. UBS Group AG elevated its holdings in Ocean Energy Applied sciences by 78.9% within the 2nd quarter. UBS Group AG now owns 121,915 shares of the vitality firm’s inventory value $69,000 after buying a further 53,761 shares within the final quarter. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. elevated its holdings in Ocean Energy Applied sciences by 11.7% within the 1st quarter. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. now owns 626,625 shares of the vitality firm’s inventory value $884,000 after buying a further 65.848 shares within the final quarter. State Road Corp elevated its holdings in Ocean Energy Applied sciences by 4.6% within the 1st quarter. State Road Corp now owns 2,734,758 shares of the vitality firm’s inventory value $3,856,000 after buying a further 119,190 shares within the final quarter. Lastly, Virtu Monetary LLC acquired a brand new place in Ocean Energy Applied sciences within the 2nd quarter value about $116,000. Institutional buyers and hedge funds personal 13.97% of the corporate’s inventory.
Ocean Energy Applied sciences Firm Profile
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Ocean Energy Applied sciences, Inc. develops and commercializes proprietary techniques that generate electrical energy by harnessing the renewable vitality of ocean waves in North America, South America, Europe, and Asia. It provides a PB3 PowerBuoy system that generates energy to be used impartial of the facility grid in offshore places.
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