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Stock impact report

Is Ormat Technologies (ORA) Attractive After Recent Share Price Pullback? [Yahoo! Finance]

Ormat Technologies, Inc. (ORA) 
Last ormat technologies, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.ormat.com
Company Research Source: Yahoo! Finance
If you are wondering whether Ormat Technologies at around US$107.78 is offering good value right now, or if recent optimism has already been priced in, this article is for you. Over the past week the stock posted a 7.9% decline, with a 14.3% fall over 30 days and a 5.2% decline year to date. However, the 1 year return sits at 56.0% and the 3 and 5 year returns are 25.8% and 29.6% respectively. Recent coverage has focused on Ormat Technologies as a US utilities name with exposure to renewable energy themes. This helps explain why investors have been paying closer attention to the stock and provides useful context when weighing up whether the recent share price pullback changes the balance between risk and potential reward. On our checklist of six valuation tests, Ormat Technologies currently scores 0 out of 6 . We will walk through what that means when you look at common approaches like P/E, cash flow and asset based measures, then finish by looking at a more holistic way to thi Show less Read more
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