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 for the quarter, Zacks reports. The firm had revenue of $0.40 million for the quarter.

Ocean Thermal Energy Stock Performance

Shares of OTCMKTS CPWR remained flat at $0.01 during trading hours on Thursday. 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.

Ocean Thermal Energy Company Profile

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.