Actionable news
All posts from Actionable news
Actionable news in SPU: SkyPeople Fruit Juice, Inc.,

Today's Perilous Reversal Stock: Ocean Power Technologies (OPTT)

Trade-Ideas LLC identified Ocean Power Technologies ( OPTT) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Ocean Power Technologies as such a stock due to the following factors:

  • OPTT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $87.1 million.
  • OPTT has traded 235,707 shares today.
  • OPTT is down 7.4% today.
  • OPTT was up 8.9% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in OPTT with the Ticky from Trade-Ideas. See the FREE profile for OPTT NOW at Trade-Ideas More details on OPTT: Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in North America, Europe, Asia, and Australia. The average volume for Ocean Power Technologies has been 1.9 million shares per day over the past 30 days. Ocean has a market cap of $23.5 million and is part of the industrial goods sector and industrial industry. The stock has a beta of 2.75 and a short float of 6% with 0.02 days to cover. Shares are up 385.2% year-to-date as of the close of trading on Friday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust...