ORA Makes Notable Cross Below Critical Moving Average

By EnergyStockChannel.com,

Shutterstock photo

In trading on Monday, shares of Ormat Technologies Inc (Symbol: ORA) crossed below their 200 day moving average of $27.29, changing hands as low as $27.23 per share. Ormat Technologies Inc shares are currently trading down about 0.6% 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 $22.15 per share, with $30.46 as the 52 week high point - that compares with a last trade of $27.40.

According to the ETF Finder at ETF Channel, ORA makes up 2.16% of the PowerShares WilderHill Clean Energy Portfolio ETF (Symbol: PBW) which is trading up by about 0.9% on the day Monday.

Click here to find out which 9 other energy stocks recently crossed below 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 Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: ORA , PBW

More from BNK Invest


BNK Invest

BNK Invest

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com