Ocean Power Technologies Stock In The News

OPTT Stock  USD 0.37  0.08  27.59%   
Our overall analysis of Ocean Power's news coverage and content from conventional and social sources shows investors' bearish mood towards Ocean Power Technologies. The specific impact of Ocean Power news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Ocean Power's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Ocean Power headlines in addition to utilizing other, more conventional financial analysis modules. Check out Ocean Power Backtesting and Ocean Power Hype Analysis.

Ocean Power Today Top News and Investor Outlook

Yahoo News
3 Ocean Tech Stocks Making Waves in Blue Economy
https://finance.yahoo.com/news/3-ocean-tech-stocks-making-174025525.html
 Bullish
Yahoo News
Creating Value in Electric Utility Industry: RS Technologies CEO George Kirby, Live from NYSE
https://finance.yahoo.com/news/creating-value-electric-utility-industry-012455030.html
 Bullish
Yahoo News
3 Top Ocean Tech Stocks Exploring New Depths
https://finance.yahoo.com/news/3-top-ocean-tech-stocks-112000892.html
 Bullish
Macroaxis News: globenewswire.com
Ocean Power Technologies to Report 2024 Second Quarter Results on December 13, 2023
https://www.globenewswire.com/news-release/2023/11/21/2784429/9069/en/Ocean-Power-Technologies-to-Report-2024-Second-Quarter-Results-on-December-13-2023.html
 Bullish
Macroaxis News: globenewswire.com
OPT to Present at Water Tower Research’s Hybrid US Climate Investor Conference on December 7
https://www.globenewswire.com/news-release/2023/11/14/2780034/0/en/OPT-to-Present-at-Water-Tower-Research-s-Hybrid-US-Climate-Investor-Conference-on-December-7.html
 Bullish
Macroaxis News: globenewswire.com
Ocean Power Technologies Awarded Contract with WildAid and Caribbean Law Enforcement to Combat Illegal Fishing with Uncrewed Technologies
https://www.globenewswire.com/news-release/2023/10/25/2766490/9069/en/Ocean-Power-Technologies-Awarded-Contract-with-WildAid-and-Caribbean-Law-Enforcement-to-Combat-Illegal-Fishing-with-Uncrewed-Technologies.html
 Bullish
Macroaxis News: globenewswire.com
Ocean Power Technologies Secures $1.6 Million Order for Multiple WAM-V 16s from Sulmara
https://www.globenewswire.com/news-release/2023/10/24/2765606/9069/en/Ocean-Power-Technologies-Secures-1-6-Million-Order-for-Multiple-WAM-V-16s-from-Sulmara.html
 Bullish
Macroaxis News: globenewswire.com
CEO of Exploration Ventures, and Ocean P...
https://www.globenewswire.com/news-release/2023/09/26/2749947/9069/en/CEO-of-Exploration-Ventures-and-Ocean-Power-Technologies-Advisor-Terry-Garcia-to-participate-in-Fireside-Chat-with-Water-Tower-Research-on-Thursday-September-28-2023-at-2-00-PM-EDT.html
 Bullish
Macroaxis News: globenewswire.com
Ocean Power Technologies President and C...
https://www.globenewswire.com/news-release/2023/09/18/2745194/9069/en/Ocean-Power-Technologies-President-and-CEO-Philipp-Stratmann-to-Participate-in-Fireside-Chat-with-Water-Tower-Research-on-Tuesday-September-19-2023-at-3-00-PM-EDT.html
 Bullish
Macroaxis News: globenewswire.com
Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2024 Results
https://www.globenewswire.com/news-release/2023/09/13/2742882/9069/en/Ocean-Power-Technologies-Inc-Announces-First-Quarter-Fiscal-2024-Results.html
 Bullish

Ocean Power Technologies Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Ocean and other traded companies coverage with news coverage. We help investors stay connected with Ocean headlines for the 29th of November to make an informed investment decision based on correlating the impacts of news items on Ocean Stock performance. Please note that trading solely based on the Ocean Power Technologies hype is not for everyone as timely availability and quick action are needed to avoid losses.
Ocean Power's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Ocean Power Technologies investors visualize upcoming and past events in order to time the market based on Ocean Power Technologies noise-free hype analysis.
Ocean Power stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Ocean earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Ocean Power that are available to investors today. That information is available publicly through Ocean media outlets and privately through word of mouth or via Ocean internal channels. However, regardless of the origin, that massive amount of Ocean data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ocean Power news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ocean Power relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ocean Power's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ocean Power alpha.

Ocean Largest EPS Surprises

Earnings surprises can significantly impact Ocean Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-12-08
2015-10-31-1.85-1.050.843 
2017-09-07
2017-07-31-1.85-0.221.6388 
2015-10-31
2015-07-31-30-34.124-4.12413 
2011-03-14
2011-01-31-60-66.0-6.010 
2013-09-13
2013-07-31-80-72.08.010 
2007-09-17
2007-07-31-58-48.010.017 
View All Earnings Estimates

Ocean Power Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Ocean Power Technologies Stock. Current markets are slightly bullish. About 51% of major world exchanges and indexes are currently up. See today's market update for more information.
Macroaxis News
25th of November 2024
Acquisition by Slaiby Peter E. of 35000 shares of Ocean Power at 0.1918 subject to Rule 16...
at MacroaxisInsider 
Macroaxis News
13th of November 2024
Acquisition by Cryan Terence James of 100000 shares of Ocean Power at 0.148 subject to Rul...
at MacroaxisInsider 
Google News at Macroaxis
21st of October 2024
Ocean Power Technologies Appoints Remah International Group as Distributor in the UAE - St...
at news.google.com 
Macroaxis News: globenewswire.com
16th of October 2024
Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Grou...
at globenewswire.com 
Macroaxis News: globenewswire.com
7th of October 2024
Ocean Power Technologies Confirms Shipment of AI capable Merrows PowerBuoy for the Middle ...
at globenewswire.com 
news
27th of September 2024
Ocean Power Delivers Unmanned Vessels for Maritime Security
at kalkinemedia.com 
Macroaxis News: globenewswire.com
25th of September 2024
Ocean Power Technologies Signs Agreement with Servio Nacional de Aprendizagem Industrial t...
at globenewswire.com 
Investing News at Macroaxis
18th of September 2024
Earnings call OPT reports steady revenues and reduced losses in Q1 FY25
at investing.com 
Macroaxis News: globenewswire.com
12th of September 2024
Ocean Power Technologies Awarded 1M Contract for Naval Information Warfare Center Pacifics...
at globenewswire.com 
news
9th of September 2024
ElectroCore CFO retires, promotes replacement from within
at massdevice.com 

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ocean Power in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ocean Power's short interest history, or implied volatility extrapolated from Ocean Power options trading.

Additional Tools for Ocean Stock Analysis

When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.