Ormat Technologies, Inc. is a geothermal company that is engaged in geothermal and recovered energy generation (REG). Co. owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low, medium and high-temperature heat into electricity. It owns or has installed for utilities and developers worldwide, totaling approximately 3,200 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Electricity segment develops, builds, owns, and operates geothermal and solar Photovoltaic (PV). We show 62 historical shares outstanding datapoints in our coverage of ORA's shares outstanding history.
Understanding the changing numbers of ORA shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ORA versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ORA by allowing them to research ORA shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
