| Weakness Seen in Covanta Holding (CVA): Stock Fall 6% - Tale of the Tape | |
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Covanta Holding Corporation (CVA) saw a big move last session, as the company’s shares fell nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for CVA, as the stock is now down nearly 11% in the past one-month time frame. On Jul 22, the company had announced weaker-than-expected second quarter 2015 results. This slump shouldn’t be too much of a surprise to investors, as the waste management company has seen 4 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case. CVA currently has a Zacks Rank #5 (Strong Sell). A better-ranked stock in the same sector is Ormat Technologies Inc. (ORA), holding a Zacks Rank #2 (Buy). Is CVA going up? Or down? Predict to see what others think: Up or Down Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COVANTA HOLDING (CVA): Free Stock Analysis Report ORMAT TECH INC (ORA): Free Stock Analysis Report To read this article on Zacks.com click here.
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Ormat Technologies Inc.
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CODE : ORA |
ISIN : US6866881021 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Ormat technologies is based in United states of america. Ormat technologies holds various exploration projects in Indonesia and in USA. Its main exploration properties are HEBER in USA and SARULLA in Indonesia. Ormat technologies is listed in Germany and in United States of America. Its market capitalisation is US$ 3.8 billions as of today (€ 3.5 billions). Its stock quote reached its highest recent level on February 26, 2021 at US$ 98.73, and its lowest recent point on October 10, 2024 at US$ 75.06. Ormat technologies has 50 597 124 shares outstanding. |