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Stock impact report

A Look At Ormat Technologies (ORA) Valuation As Shirk Storage Facility Enters Commercial Operation [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
Ormat Technologies (ORA) has moved its Shirk energy storage facility in Visalia, California into commercial operation under a 15 year capacity agreement and supported by a 40% Investment Tax Credit. See our latest analysis for Ormat Technologies. Recent contract extensions at the Casa Diablo IV geothermal plant and the Shirk facility entering commercial operation arrive after a softer 30 day share price return of a 6.61% decline, but within a strong 1 year total shareholder return of 54.41%. This suggests earlier optimism has cooled slightly while longer term sentiment remains constructive. If this kind of grid focused energy story interests you, it could be a good moment to broaden your watchlist with our 24 power grid technology and infrastructure stocks as fresh ideas for further research. With a recent 6.61% 30 day pullback, a 54.41% 1 year total return, and a last close of US$110.38 versus a US$128.00 analyst target, you have to ask: is there still upside here, or is fut Show less Read more
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