OPTT vs. WAVE, HLGN, KEP, EE, PEGI, AY, OTTR, ORA, NEE, and SO
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), Korea Electric Power (KEP), Excelerate Energy (EE), Pattern Energy Group (PEGI), Atlantica Sustainable Infrastructure (AY), Otter Tail (OTTR), Ormat Technologies (ORA), NextEra Energy (NEE), and Southern (SO).
Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, valuation, earnings, profitability, media sentiment and community ranking.
In the previous week, Ocean Power Technologies had 1 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 5 mentions for Ocean Power Technologies and 4 mentions for Eco Wave Power Global AB (publ). Ocean Power Technologies' average media sentiment score of 0.95 beat Eco Wave Power Global AB (publ)'s score of 0.83 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.
Eco Wave Power Global AB (publ) has a beta of -0.95, meaning that its stock price is 195% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.14, meaning that its stock price is 114% more volatile than the S&P 500.
0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are held by insiders. Comparatively, 0.9% of Ocean Power Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
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 higher earnings, but lower revenue 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.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Eco Wave Power Global AB (publ)'s net margin of -614.25%. Ocean Power Technologies' return on equity of -21.67% beat Eco Wave Power Global AB (publ)'s return on equity.
Summary
Eco Wave Power Global AB (publ) beats Ocean Power Technologies 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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