Ormat Technologies Inc (NYSE: ORA) started the day on Wednesday, with a price decrease of -5.99% at $67.19, before settling in for the price of $71.47 at the close. Taking a more long-term approach, ORA posted a 52-week range of $59.41-$84.30.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 3.19%. Meanwhile, its Annual Earning per share during the time was 1.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -10.00%. This publicly-traded company’s shares outstanding now amounts to $60.48 million, simultaneously with a float of $60.33 million. The organization now has a market capitalization sitting at $4.06 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.83, while the 200-day Moving Average is $73.17.
Ormat Technologies Inc (ORA) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Renewable Industry. Ormat Technologies Inc’s current insider ownership accounts for 0.24%, in contrast to 89.35% institutional ownership. According to the most recent insider trade that took place on Dec 13 ’24, this organization’s Former 10% Owner sold 3,700,000 shares at the rate of 75.38, making the entire transaction reach 278,906,000 in total value, affecting insider ownership by 2,976,077. Preceding that transaction, on Dec 03 ’24, Company’s Director sold 411 for 79.92, making the whole transaction’s value amount to 32,847. This particular insider is now the holder of 4,931 in total.
Ormat Technologies Inc (ORA) Earnings and Revenue Records
Ormat Technologies Inc’s EPS decrease for this current 12-month fiscal period is -10.00% and is forecasted to reach 2.26 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 1.61% growth it accomplished over the previous five years trading on the market.
Ormat Technologies Inc (NYSE: ORA) Trading Performance Indicators
Let’s observe the current performance indicators for Ormat Technologies Inc (ORA). It’s Quick Ratio in the last reported quarter now stands at 0.87. The Stock has managed to achieve an average true range (ATR) of 2.22. Alongside those numbers, its PE Ratio stands at $34.33, and its Beta score is 0.54. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.56.
In the same vein, ORA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.96, a figure that is expected to reach 0.51 in the next quarter, and analysts are predicting that it will be 2.26 at the market close of one year from today.
Technical Analysis of Ormat Technologies Inc (ORA)
If we take a close look at the recent performances of Ormat Technologies Inc (NYSE: ORA), its last 5-days Average volume was 1.37 million that shows progress from its year to date volume of 0.46 million. During the previous 9 days, stock’s Stochastic %D was recorded 5.74% While, its Average True Range was 2.48.
Raw Stochastic average of Ormat Technologies Inc (ORA) in the period of the previous 100 days is set at 0.06%, which indicates a major fall in contrast to 0.07% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.27% that was higher than 26.61% volatility it exhibited in the past 100-days period.
