OPTT vs. WAVE, HLGN, VVPR, HGAS, MARPS, SPI, ROCG, ISUN, LITM, and MTR
Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Eco Wave Power Global AB (publ) (WAVE), Heliogen (HLGN), VivoPower International (VVPR), Global Gas (HGAS), Marine Petroleum Trust (MARPS), SPI Energy (SPI), Roth CH Acquisition IV (ROCG), iSun (ISUN), Snow Lake Resources (LITM), and Mesa Royalty Trust (MTR). These companies are all part of the "oils/energy" sector.
Ocean Power Technologies (NASDAQ:OPTT) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, earnings, community ranking, valuation, profitability, dividends, institutional ownership, analyst recommendations and media sentiment.
11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 0.9% of Ocean Power Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than Ocean Power Technologies. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Ocean Power Technologies, indicating that it is currently the more affordable of the two stocks.
In the previous week, Ocean Power Technologies had 4 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 4 mentions for Ocean Power Technologies and 0 mentions for Eco Wave Power Global AB (publ). Ocean Power Technologies' average media sentiment score of 0.71 beat Eco Wave Power Global AB (publ)'s score of 0.00 indicating that Ocean Power Technologies is being referred to more favorably in the media.
Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -614.25%. Eco Wave Power Global AB (publ)'s return on equity of -20.32% beat Ocean Power Technologies' return on equity.
Ocean Power Technologies has a beta of 2.14, suggesting that its share price is 114% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.95, suggesting that its share price is 195% less volatile than the S&P 500.
Summary
Ocean Power Technologies beats Eco Wave Power Global AB (publ) on 8 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OPTT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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