These Two Stocks in Motion: Ocean Power Technologies, Inc. (NASDAQ:OPTT), Carbonite, Inc. (NASDAQ:CARB)


Ocean Power Technologies, Inc. (NASDAQ:OPTT)

Ocean Power Technologies, Inc. (NASDAQ:OPTT) represented a move of -0.88 percent or $0.02 per share and closed its previous day trading session at $1.13. 1.72 Million Shares were traded in the last trading session with an Average Volume of 779.7 Million Shares. The stock currently has a Market Capitalization of 21.23 Million.

OCEAN POWER TECHNOLOGIES, Inc. is a leading renewable energy company specializing in cost effective, advanced, and environmentally sound offshore wave power technology. The electrical power generated by OPT’s technology is key to meeting the energy needs of utilities, independent power producers and the public sector. OPT’s PowerBuoy system extracts the natural energy in ocean waves, and is based on the integration of patented technologies in hydrodynamics, electronics, energy conversion and computer control systems. The PowerBuoy is a smart system capable of responding to differing wave conditions.The result is a leading edge, ocean-tested, proprietary system which generates reliable, clean, and environmentally-beneficial electricity.

The stock traded between $1.02 and $3.67 over 1-Year time period showing its price to sales ratio of 26.54. Ocean Power Technologies, Inc. (NASDAQ:OPTT) is currently showing an DECREASING volatility over a period of 10-Days while the 20-Days Volatility showing a INCREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $0.19 and 200-Day Simple Moving Average of $-10.98. Its Price to Free Cash Flow is 0 and Price to Book of 0.97.

Analyst’s recommended the stock as 3 where 1 represents Strong Buy and 5 represents Sell.

Carbonite, Inc. (NASDAQ:CARB)

In the last trading session, Carbonite, Inc. (NASDAQ:CARB) added its value by 22.24% closing at the price of $26.52. The stock currently has market capitalization of 736.07 Million, with average volume of 272.08 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently Carbonite, Inc. (NASDAQ:CARB) is showing beta of 0.57. This particular value of beta suggests that Carbonite, Inc. (NASDAQ:CARB) has historically moved 57% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for Carbonite, Inc. (NASDAQ:CARB) is at $-0.12.

The stock currently has RSI of 63.71. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

Carbonite Inc. is a computer service company which provides online backup solutions for consumers and small and medium sized businesses to retrieve files if lost on the internet. The Company’s backup solutions work automatically and continuously uploading encrypted copies of its customer’s files to the servers known as Carbonite Personal Cloud. Carbonite Inc. is headquartered in Boston, Massachusetts.

Carbonite, Inc. (NASDAQ:CARB) topped its 52-week high price of $27.00 on 11/03/17 and 52-Week Low Price of $18.20 on 04/13/17. The Stock currently has P/E (price to earnings ttm) of 0 and Weekly volatility of 7.45% and monthly volatility of 4.26% respectively.