Zacks Investment Research downgraded Otter Tail Corporation (NASDAQ:OTTR) to Hold in a report released today.
- Updated: September 19, 2016
Only yesterday Otter Tail Corporation (NASDAQ:OTTR) traded 1.23% higher at $35.32. OTTR’s 50-day average is $34.56 and its two hundred day average is $31.54. The last stock price is up 12.00% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trading volume was was up over the average, with 125,525 shares of OTTR changing hands over the typical 123,425 shares..
Zacks Investment Research has downgraded Otter Tail Corporation(NASDAQ:OTTR) to Hold in a report released 9/20/2016.
Recent Performance Graph:
With a total market value of $0.0, Otter Tail Corporation has a PE of 22 with a one-year low of $25.20 and a one-year high of $35.88.
General Company Details For Otter Tail Corporation (NASDAQ:OTTR)
Otter Tail Corporation is a holding company. The Company, through its subsidiaries, operates through three segments: Electric, Manufacturing and Plastics. The Company’s subsidiaries own facilities and equipment used in the manufacture of producing polyvinyl chloride (PVC) pipe, thermoformed products, heavy metal fabricated products, metal parts stamping, fabricating, painting and contract machining. The Company, through its Electric segment, is engaged in the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by its subsidiary, Otter Tail Power Company (OTP). Its Manufacturing segment consists of businesses engaged in the activities, including contract machining, metal parts stamping, fabrication and painting, and and production of material and handling trays and horticultural containers. The Company’s Plastics segment consists of businesses producing PVC pipe at plants in North Dakota and Arizona.
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