Ormat Technologies Inc (ORA) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Ormat Technologies Inc (ORA) experienced unusually high volume on Dec. 21, as the stock gained 3.19% to a closing price of $36.83. The stock saw 382,461 shares trade hands over the course of the day on 2,495 trades. Given that the stock’s average daily volume over the last month has been 118,800 shares a day, this represents a pretty substantial spike over the norm.

Ormat Technologies Inc has a P/B ratio of 1.88. It also has a P/E ratio of 18. The stock has traded between $40.95 and $25.91 over the last 52-weeks, its 50-day SMA is now $36.39, and its 200-day SMA $36.90.

Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It designs, develops, builds, owns, and operates clean, environmentally friendly geothermal and recovered energy-based power plants.

Headquartered in Reno, NV, Ormat Technologies Inc has 1,095 employees and is currently under the leadership of CEO Isaac Angel.

For a complete fundamental analysis analysis of Ormat Technologies Inc, check out Equities.com’s Stock Valuation Analysis report for ORA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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