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NYSE: ORA
Ormat Technologies (ORA) stock, explained like you're 5
Ormat Technologies trades on the New York Stock Exchange under the ticker ORA. It is a mid cap company in the central industry, part of the utilities sector, with a market value of about 5.5 billion dollars.
- Ticker
- ORA
- Exchange
- New York Stock Exchange
- Sector
- Utilities
- Industry
- Central
- Size
- Mid cap, about 5.5 billion dollars
Is Ormat Technologies a small, medium or large cap company?
No. Ormat Technologies is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 5.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Ormat Technologies makes money
- Delivering electricity, gas or water to homes and businesses.
- Rates approved by regulators.
- Growing clean energy projects.
What moves ORA stock
- Interest rates, since utilities carry a lot of debt.
- Decisions by regulators on prices.
- Weather and demand for power.
In the news lately
- Why Ormat Technologies (ORA) Fell 15.9% in the Third Quarter (Yahoo Finance)
- Ormat Technologies schedules results as Ormat Technologies stock costs EUR 79.45 (ad-hoc-news.de)
- How Investors Are Reacting To Ormat Technologies (ORA) Oppenheimer Top Pick (Simply Wall Street)
- Two Nevada and Utah geothermal projects were selected for up to about $35 million, pending award negotiations. (Stock Titan)
- Ormat Technologies (NYSE:ORA) Shares Climb 4.6% Here's What Happened (MarketBeat)
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Questions about Ormat Technologies stock
What does Ormat Technologies do?
Ormat Technologies trades on the New York Stock Exchange under the ticker ORA. It is a mid cap company in the central industry, part of the utilities sector, with a market value of about 5.5 billion dollars.
What is the ticker symbol for Ormat Technologies?
Ormat Technologies trades under the ticker ORA on the New York Stock Exchange.
What is Ormat Technologies's market cap?
Ormat Technologies is a mid cap stock with a market cap of about 5.5 billion dollars.
How does Ormat Technologies make money?
Delivering electricity, gas or water to homes and businesses. Rates approved by regulators. Growing clean energy projects.
What moves ORA stock?
Interest rates, since utilities carry a lot of debt. Decisions by regulators on prices. Weather and demand for power.
How can I follow ORA stock every day?
Add ORA to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.