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Compare · EIX vs OPTT

EIX vs OPTT

Side-by-side comparison of Edison International (EIX) and Ocean Power Technologies Inc. (OPTT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both EIX and OPTT operate in Electric Utilities: Central (Utilities), so they compete in similar markets.
  • EIX is the larger of the two at $28.78B, about 490.5x OPTT ($58.7M).
  • OPTT has been more active in the news (15 items in the past 4 weeks vs 2 for EIX).
  • EIX has more recent analyst coverage (25 ratings vs 2 for OPTT).
MetricEIXOPTT
Company
Edison International
Ocean Power Technologies Inc.
Price
$74.75+1.01%
$0.18-0.99%
Market cap
$28.78B
$58.7M
1M return
-
-
1Y return
-
-
Industry
Electric Utilities: Central
Electric Utilities: Central
Exchange
NYSE
NASDAQ
IPO
2007
News (4w)
2
15
Recent ratings
25
2
EIX

Edison International

Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. Edison International also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.

OPTT

Ocean Power Technologies Inc.

Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.

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