ORA Crosses Above Key Moving Average Level
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:
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.