ORA Crosses Above Key Moving Average Level

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In trading on Friday, shares of Ormat Technologies Inc (Symbol: ORA) crossed above their 200 day moving average of $27.25, changing hands as high as $27.28 per share. Ormat Technologies Inc shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of ORA shares, versus its 200 day moving average: Ormat Technologies Inc 200 Day Moving Average Chart

Looking at the chart above, ORA's low point in its 52 week range is $23.95 per share, with $30.46 as the 52 week high point - that compares with a last trade of $27.08.

According to the ETF Finder at ETF Channel, ORA makes up 2.77% of the iShares Global Telecom ETF (Symbol: IXP) which is trading lower by about 0.4% on the day Friday.

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: ORA , IXP

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As of 9/16/2014, 02:21 PM

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