Ocean Thermal Energy (OTCMKTS:CPWR) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Ocean Thermal Energy Co. (OTCMKTS:CPWR)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.0075. Ocean Thermal Energy shares last traded at $0.0075, with a volume of 62,500 shares changing hands.

Ocean Thermal Energy Stock Performance

The business has a 50 day moving average price of $0.01.

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

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.