ORA
Ormat Technologies, Inc. Utilities - Utilities - Renewable Investor Relations →
Ormat Technologies, Inc. (ORA) closed at $123.15 as of 2026-02-02, trading 52.6% above its 200-week moving average of $80.67. The stock is currently moving closer to the line, down from 55.3% last week. With a 14-week RSI of 74, ORA is in overbought territory.
Over the past 1060 weeks of data, ORA has crossed below its 200-week moving average 12 times. On average, these episodes lasted 27 weeks. Historically, investors who bought ORA at the start of these episodes saw an average one-year return of +1.4%.
With a market cap of $7.5 billion, ORA is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 5.3%. The stock trades at 3.0x book value.
Share count has increased 7.9% over three years, indicating dilution.
Over the past 20.4 years, a hypothetical investment of $100 in ORA would have grown to $690, compared to $837 for the S&P 500. ORA has returned 9.9% annualized vs 11.0% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ORA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ORA Crosses Below the Line?
Across 12 historical episodes, buying ORA when it crossed below its 200-week moving average produced an average return of +1.8% after 12 months (median -1.0%), compared to +14.5% for the S&P 500 over the same periods. 42% of those episodes were profitable after one year. After 24 months, the average return was -17.3% vs +24.4% for the index.
Each line shows $100 invested at the moment ORA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ORA has crossed below its 200-week MA 12 times with an average 1-year return of +1.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2008 | May 2009 | 31 | 36.0% | +25.0% | +342.2% |
| May 2009 | May 2009 | 1 | 2.1% | -24.3% | +281.0% |
| Jul 2009 | Jul 2009 | 1 | 3.2% | -19.8% | +278.3% |
| Aug 2009 | Sep 2009 | 3 | 6.6% | -30.1% | +265.4% |
| Sep 2009 | Sep 2009 | 1 | 1.1% | -22.1% | +261.3% |
| Oct 2009 | Nov 2009 | 2 | 7.0% | -23.9% | +264.5% |
| Dec 2009 | Aug 2013 | 191 | 56.0% | -24.4% | +259.6% |
| Jul 2020 | Aug 2020 | 2 | 0.6% | +18.0% | +114.1% |
| Aug 2020 | Sep 2020 | 4 | 8.0% | +20.9% | +112.8% |
| Jan 2022 | Feb 2022 | 4 | 2.7% | +41.3% | +93.8% |
| Jul 2023 | Oct 2024 | 63 | 20.9% | -1.4% | +62.5% |
| Dec 2024 | Jun 2025 | 25 | 16.4% | +57.2% | +70.8% |
| Average | 27 | — | +1.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02