NYSE:ORARenewable Energy
Has Ormat Technologies (ORA) Shares Run Too Far After Strong 1‑Year Rally?
If you are wondering whether Ormat Technologies at around US$122 is priced attractively or asking too much, you are not alone.
The stock shows returns of 1.9% over 7 days, 8.8% over 30 days, 7.3% year to date, 90.4% over 1 year, 35.1% over 3 years and 10.4% over 5 years. This naturally raises questions about how this performance lines up with the current share price.
Recent news coverage has focused on Ormat Technologies as a US listed utilities business with exposure to renewable energy...