Ormat Technologies is a holding company. Through its subsidiaries, Co. is engaged in the geothermal and recovered energy power businesses. Co.'s electricity segment develops, builds, owns and operates geothermal, solar photovoltaic and recovered energy-based and geothermal power plants. Co.'s product segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and remote power units and provides related services to those power plants. Co.'s energy storage segment provides energy storage, related services as well as services relating to the engineering, procurement, construction, operation and maintenance of energy storage units. We show 57 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
