OPTT vs. HLGN, WAVE, HGAS, MARPS, VVPR, MTR, LITM, HUSA, ISUN, and ROCG Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Heliogen (HLGN), Eco Wave Power Global AB (publ) (WAVE), Global Gas (HGAS), Marine Petroleum Trust (MARPS), VivoPower International (VVPR), Mesa Royalty Trust (MTR), Snow Lake Resources (LITM), Houston American Energy (HUSA), iSun (ISUN), and Roth CH Acquisition IV (ROCG). These companies are all part of the "oils/energy" sector.
Ocean Power Technologies (NASDAQ:OPTT ) and Heliogen (NYSE:HLGN ) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.
Ocean Power Technologies has a net margin of -614.25% compared to Heliogen's net margin of -830.91%. Ocean Power Technologies' return on equity of -86.93% beat Heliogen's return on equity.
Ocean Power Technologies received 209 more outperform votes than Heliogen when rated by MarketBeat users. Likewise, 74.38% of users gave Ocean Power Technologies an outperform vote while only 0.00% of users gave Heliogen an outperform vote.
In the previous week, Ocean Power Technologies had 3 more articles in the media than Heliogen. MarketBeat recorded 3 mentions for Ocean Power Technologies and 0 mentions for Heliogen. Ocean Power Technologies' average media sentiment score of 0.67 beat Heliogen's score of 0.00 indicating that Ocean Power Technologies is being referred to more favorably in the media.
Ocean Power Technologies has higher earnings, but lower revenue than Heliogen. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Heliogen, indicating that it is currently the more affordable of the two stocks.
11.9% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 27.6% of Heliogen shares are owned by institutional investors. 0.9% of Ocean Power Technologies shares are owned by company insiders. Comparatively, 3.0% of Heliogen shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Ocean Power Technologies has a beta of 2.14, suggesting that its stock price is 114% more volatile than the S&P 500. Comparatively, Heliogen has a beta of 2.31, suggesting that its stock price is 131% more volatile than the S&P 500.
Summary Ocean Power Technologies beats Heliogen on 10 of the 15 factors compared between the two stocks.
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.
Skip Chart 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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