Ocean Thermal Energy (OTCMKTS:CPWR) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

by · The Cerbat Gem

Shares of Ocean Thermal Energy Co. (OTCMKTS:CPWR – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $0.0169. Ocean Thermal Energy shares last traded at $0.0169, with a volume of 384,291 shares.

Ocean Thermal Energy Stock Down 3.6%

The firm’s fifty day moving average price is $0.01.

Ocean Thermal Energy (OTCMKTS:CPWR – Get Free Report) last posted its quarterly earnings data on Thursday, December 18th. The energy producer reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $0.85 million during the quarter.

Ocean Thermal Energy Company Profile

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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.

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