Analyst Research and Recommendations: Ocean Power Technologies, Inc. (OPTT), Forum Energy Technologies, Inc. (FET)

Ocean Power Technologies, Inc. (NASDAQ:OPTT) tinted loss of -1.32% (0 points) to US$0.31. The volume of 0.4 Million shares climbed down over an trading activity of 296.22 Million shares. EPS ratio determined by looking at last 12 month figures is -0.66. Over the same time span, the stock marked US$1.52 as its best level and the lowest price reached was US$0.28. The corporation has a market cap of US$6.1 Million.

Ocean Power Technologies, Inc. (NASDAQ:OPTT)’s earnings per share has been growing at a 45.9 percent rate over the past 5 year when average revenue increase was noted as -32.4 percent. The return on equity ratio or ROE stands at -140.3 percent while most common profitability ratio return on investment (ROI) was -102.4 percent. The company’s institutional ownership is monitored at 6.5 percent. The company’s net profit margin has achieved the current level of 0 percent and possesses 0 percent gross margin.

Forum Energy Technologies, Inc. (NYSE:FET) is worth US$609.27 Million and has recently fallen -6.63% to US$6.34. The latest exchange of 2.78 Million shares is above its average trading activity of 1.34 Million shares. The day began at US$6.81 but the price moved to US$6.16 at one point during the trading and finally capitulating to a session high of US$6.95. The stock tapped a 52-week high of US$16.02 while the mean 12-month price target for the shares is US$6.73.

Currently, the stock carries a price to earnings ratio of 13.61, a price to book ratio of 0.52, and a price to sales ratio of 0.59. For the past 5 years, the company’s revenue has grown -10.4%, while the company’s earnings per share has grown -18%. With an institutional ownership near 97.5%, it carries an earnings per share ratio of 0.5.

Inside Look At Analysts Reviews

Latest analyst recommendations could offer little help to investors. The stock is a Buy among 2 brokerage firms polled by Factset Research. At present, 8 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. 0 analysts call it Underweight, while 5 think it is Overweight. Recently, investment analysts covering the stock have updated the mean rating to 2.4.