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

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

Ocean Thermal Energy Stock Performance

Shares of CPWR stock remained flat at $0.01 during midday trading on Tuesday. The company’s stock had a trading volume of 13 shares, compared to its average volume of 150,957. Ocean Thermal Energy has a one year low of $0.00 and a one year high of $0.02. The stock has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.01.

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.