Is Ocean Thermal Energy stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Ocean Thermal Energy pays dividends. Last time was Wednesday 18th of June 2014 where the investors holding the stock on Monday 2nd of June 2014 were paid $0.0011 per share. Over the last 6 times between 2013 and 2014, Ocean Thermal Energy has paid $0.0066 with an average of $0 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Ocean Thermal Energy 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.0499, you would have made a loss of $-0.0437 per share or -87.58%
No, the average daily trading liquidity for Ocean Thermal Energy is $15 183 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Ocean Thermal Energy has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Ocean Thermal Energy to be high [0.9 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.