OPTT
Price
$0.16
Change
-$0.00 (-0.00%)
Updated
Oct 18, 11:36 AM (EDT)
52 days until earnings call
SOL
Price
$2.52
Change
-$0.07 (-2.70%)
Updated
Oct 18, 11:44 AM (EDT)
40 days until earnings call
Ad is loading...

OPTT vs SOL

Header iconOPTT vs SOL Comparison
Open Charts OPTT vs SOLBanner chart's image
Ocean Power Technologies
Price$0.16
Change-$0.00 (-0.00%)
Volume$4.12K
CapitalizationN/A
Emeren Group
Price$2.52
Change-$0.07 (-2.70%)
Volume$300
CapitalizationN/A
View a ticker or compare two or three
OPTT vs SOL Comparison Chart
Loading...
OPTT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
SOL
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
VS
OPTT vs. SOL commentary
Oct 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is OPTT is a StrongSell and SOL is a StrongSell.

COMPARISON
Comparison
Oct 18, 2024
Stock price -- (OPTT: $0.16)
Brand notoriety:
Market capitalization --

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

OPTT’s FA Score shows that 0 FA rating(s) are green while.

  • OPTT’s FA Score: 0 green, 5 red.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

OPTT’s TA Score shows that 3 TA indicator(s) are bullish while SOL’s TA Score has 4 bullish TA indicator(s).

  • OPTT’s TA Score: 3 bullish, 7 bearish.
  • SOL’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, SOL is a better buy in the short-term than OPTT.

Price Growth

OPTT (@Industrial Machinery) experienced а +4.95% price change this weekfor the same time period.

The average weekly price growth across all stocks in the @Industrial Machinery industry was -0.35%. For the same industry, the average monthly price growth was +7.71%, and the average quarterly price growth was +7.24%.

Reported Earning Dates

OPTT is expected to report earnings on Dec 09, 2024.

Industries' Descriptions

@Industrial Machinery (-0.35% weekly)

The industry makes and maintains machines for consumers, the industry, and most other companies. While it has traditionally been categorized as heavy industry, some smaller companies are also branching into the light category. The industry is pivotal in providing the equipment for production in businesses like agriculture, mining, industry and construction, gas, electricity and water utilities. It also supplies supporting equipment for almost all sectors of the economy, such as equipment for heating, and air conditioning of buildings. Illinois Tool Works Inc., Parker-Hannifin Corporation and Rockwell Automation Inc are some of the major U.S. companies operating in this industry.

SUMMARIES
Loading...
FUNDAMENTALS
Fundamentals
SOL($130M) has a higher market cap than OPTT($15.5M). SOL YTD gains are higher at: -5.128 vs. OPTT (-49.684). SOL has higher annual earnings (EBITDA): 5.02M vs. OPTT (-30.69M). SOL has more cash in the bank: 70.5M vs. OPTT (9.1M). OPTT has less debt than SOL: OPTT (2.69M) vs SOL (61.3M). SOL has higher revenues than OPTT: SOL (96.3M) vs OPTT (4.93M).
OPTTSOLOPTT / SOL
Capitalization15.5M130M12%
EBITDA-30.69M5.02M-611%
Gain YTD-49.684-5.128969%
P/E RatioN/A23.40-
Revenue4.93M96.3M5%
Total Cash9.1M70.5M13%
Total Debt2.69M61.3M4%
FUNDAMENTALS RATINGS
OPTT vs SOL: Fundamental Ratings
OPTT
SOL
OUTLOOK RATING
1..100
371
VALUATION
overvalued / fair valued / undervalued
1..100
46
Fair valued
76
Overvalued
PROFIT vs RISK RATING
1..100
10095
SMR RATING
1..100
9892
PRICE GROWTH RATING
1..100
9438
P/E GROWTH RATING
1..100
10096
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

OPTT's Valuation (46) in the Electrical Products industry is in the same range as SOL (76). This means that OPTT’s stock grew similarly to SOL’s over the last 12 months.

SOL's Profit vs Risk Rating (95) in the Electrical Products industry is in the same range as OPTT (100). This means that SOL’s stock grew similarly to OPTT’s over the last 12 months.

SOL's SMR Rating (92) in the Electrical Products industry is in the same range as OPTT (98). This means that SOL’s stock grew similarly to OPTT’s over the last 12 months.

SOL's Price Growth Rating (38) in the Electrical Products industry is somewhat better than the same rating for OPTT (94). This means that SOL’s stock grew somewhat faster than OPTT’s over the last 12 months.

SOL's P/E Growth Rating (96) in the Electrical Products industry is in the same range as OPTT (100). This means that SOL’s stock grew similarly to OPTT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
OPTTSOL
RSI
ODDS (%)
Bearish Trend 2 days ago
90%
Bearish Trend 2 days ago
89%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
90%
Bullish Trend 2 days ago
82%
Momentum
ODDS (%)
Bullish Trend 2 days ago
86%
Bearish Trend 2 days ago
86%
MACD
ODDS (%)
Bullish Trend 2 days ago
71%
Bearish Trend 2 days ago
82%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
80%
Bearish Trend 2 days ago
86%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
89%
Bullish Trend 2 days ago
78%
Advances
ODDS (%)
Bullish Trend 4 days ago
82%
Bullish Trend 19 days ago
79%
Declines
ODDS (%)
Bearish Trend 2 days ago
88%
Bearish Trend 4 days ago
86%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
87%
Bearish Trend 2 days ago
88%
Aroon
ODDS (%)
Bearish Trend 4 days ago
86%
Bullish Trend 2 days ago
79%
View a ticker or compare two or three
Ad is loading...
OPTT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
SOL
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
AAPL232.150.37
+0.16%
Apple
SPY582.350.05
+0.01%
SPDR® S&P 500® ETF Trust
TSLA220.89-0.44
-0.20%
Tesla
BTC.X67399.836000-212.882810
-0.31%
Bitcoin cryptocurrency
GME21.41-0.25
-1.15%
GameStop Corp

OPTT and

Correlation & Price change

A.I.dvisor indicates that over the last year, OPTT has been loosely correlated with PLUG. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if OPTT jumps, then PLUG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OPTT
1D Price
Change %
OPTT100%
-0.63%
PLUG - OPTT
34%
Loosely correlated
-1.45%
FCEL - OPTT
34%
Loosely correlated
-5.19%
CSIQ - OPTT
33%
Poorly correlated
-3.16%
JKS - OPTT
32%
Poorly correlated
-5.11%
SOL - OPTT
31%
Poorly correlated
-2.63%
More

SOL and

Correlation & Price change

A.I.dvisor indicates that over the last year, SOL has been loosely correlated with BE. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if SOL jumps, then BE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SOL
1D Price
Change %
SOL100%
-2.63%
BE - SOL
46%
Loosely correlated
-2.40%
FCEL - SOL
46%
Loosely correlated
-5.19%
RUN - SOL
43%
Loosely correlated
-5.39%
SLDP - SOL
42%
Loosely correlated
-2.34%
SEDG - SOL
41%
Loosely correlated
-3.45%
More