Ormat Technologies Inc’s recently made public that its Director Marom Michal unloaded Company’s shares for reported $65758.0 on May 29 ’25. In the deal valued at $73.47 per share,895 shares were sold. As a result of this transaction, Marom Michal now holds 3,080 shares worth roughly $0.24 million.
Then, MICHAL MAROM bought 895 shares, generating $65,758 in total proceeds.
Before that, SHARIR DAFNA sold 876 shares. Ormat Technologies Inc shares valued at $65,700 were divested by the Director at a price of $75.00 per share. As a result of the transaction, SHARIR DAFNA now holds 4,438 shares, worth roughly $0.35 million.
Barclays upgraded its Ormat Technologies Inc [ORA] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in mid March with a ‘”a Neutral”‘ rating. Jefferies also remained covering ORA and has increased its forecast on February 20, 2025 with a “Buy” recommendation from previously “Hold” rating. Jefferies started covering the stock on January 10, 2025. It rated ORA as “a Hold”.
Price Performance Review of ORA
On Friday, Ormat Technologies Inc [NYSE:ORA] saw its stock jump 3.53% to $77.77. Over the last five days, the stock has gained 4.63%. Ormat Technologies Inc shares have risen nearly 14.84% since the year began. Nevertheless, the stocks have risen 3.09% over the past one year. While a 52-week high of $84.30 was reached on 06/06/25, a 52-week low of $61.58 was recorded on 01/28/25. SMA at 50 days reached $72.23, while 200 days put it at $72.85.
Levels Of Support And Resistance For ORA Stock
The 24-hour chart illustrates a support level at 76.90, which if violated will result in even more drops to 76.03. On the upside, there is a resistance level at 78.70. A further resistance level may holdings at 79.64. The Relative Strength Index (RSI) on the 14-day chart is 66.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.98%. Stochastics %K at 82.47% indicates the stock is a selling.
The most recent change occurred on December 19, 2024 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $78 price target.
