Ocean Thermal Energy (OTCMKTS:CPWR) Posts Quarterly Earnings Results

Ocean Thermal Energy (OTCMKTS:CPWR) issued its quarterly earnings results on Tuesday. The energy producer reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports.

Ocean Thermal Energy Stock Performance

Shares of Ocean Thermal Energy stock remained flat at $0.01 on Tuesday. 13 shares of the company’s stock traded hands, compared to its average volume of 150,957. The firm has a 50 day moving average price of $0.01 and a 200-day moving average price of $0.01. Ocean Thermal Energy has a 52 week low of $0.00 and a 52 week high of $0.02.

About Ocean Thermal Energy

Ocean Thermal Energy Corporation, together with its subsidiaries, engages in the development of projects for renewable power generation, desalinated water production, and air conditioning worldwide. It is involved in the design and development of ocean thermal energy conversion, and seawater and lake water air conditioning plants for commercial properties, utilities, and municipalities. The company produces electricity through ocean thermal electrical conversion plants and provides air conditioning for large commercial buildings or other facilities through seawater air conditioning and lake source cooling plants.