Ocean Power Technologies Inc (NASDAQ:OPTT) saw strong trading volume on Monday . 2,682,439 shares were traded during trading, an increase of 518% from the previous session’s volume of 434,070 shares.The stock last traded at $0.31 and had previously closed at $0.27.
Ocean Power Technologies (NASDAQ:OPTT) last issued its quarterly earnings results on Monday, December 10th. The energy company reported ($0.21) EPS for the quarter. The business had revenue of $0.14 million for the quarter.
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Ocean Power Technologies, Inc develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in North America, South America, Europe, Australia, and Asia. It offers PowerBuoy system that generates power for use independent of the power grid in remote offshore locations.
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