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Ormat Technologies (LTS:0KDH) 6-Month Price Index : 1.08 (As of May. 24, 2024)


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What is Ormat Technologies 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-24), Ormat Technologies's 6-Month Price Index is 1.08.

Competitive Comparison of Ormat Technologies's 6-Month Price Index

For the Utilities - Renewable subindustry, Ormat Technologies's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ormat Technologies  (LTS:0KDH) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ormat Technologies  (LTS:0KDH) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Ormat Technologies 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Ormat Technologies's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Ormat Technologies (LTS:0KDH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (LTS:0KDH) » Definitions » 6-Month Price Index
Comparable Companies
NEP CWEN.A AY FLNC RNW AMPS ELLO NRGV FNEC VGAS ISX:BREN CEG GEV BOM:541450 WBO:VER OCSE:ORSTED SHSE:600025 XPRA:CEZ SHSE:600905 BSP:ELET3
Traded in Other Exchanges
ORA:USA ORA:Israel HNM:Germany
Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Website
https://www.ormat.com
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: 1) Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. 2) Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. 3) Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.

Ormat Technologies (LTS:0KDH) Headlines

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