Ocean Power Technologies (OPTT) Getting Somewhat Favorable Press Coverage, Accern Reports

Press coverage about Ocean Power Technologies (NASDAQ:OPTT) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ocean Power Technologies earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the energy company an impact score of 47.415369752263 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

Ocean Power Technologies (NASDAQ:OPTT) traded down $0.04 during trading on Friday, hitting $1.04. The company’s stock had a trading volume of 793,100 shares, compared to its average volume of 783,277. Ocean Power Technologies has a twelve month low of $1.02 and a twelve month high of $3.67.

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

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About Ocean Power Technologies

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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