Otter Tail Corporation (OTTR, Financial), based in the United States, saw its stock price decrease by 5.01%, falling to $78.36 per share. The trading volume was 292,582 shares, equating to a turnover rate of 0.70% and a volatility amplitude of 4.93%.
Recent financial reports indicate that OTTR generated a revenue of $338 million with a net profit of $85.48 million, resulting in earnings per share of $2.05. The company reported a gross profit of $111 million and a price-to-earnings ratio of 10.85. All three institutions that have rated the stock recommend holding it, with no buy or sell suggestions.
In the utility sector, to which Otter Tail belongs, there was a general increase of 0.48%. Stocks showing significant gains include Unitil Corporation, Sempra Energy, and Avista. Otter Tail's activity, alongside Avista and Idacorp, was notable with turnover rates of 0.71% for OTTR. Stocks with significant price fluctuations included Montauk Renewables, Otter Tail, and Idacorp with amplitudes of 5.84%, 5.07%, and 3.92%, respectively.
Otter Tail Corporation operates primarily in power production and sales, metal part manufacturing, and plastic piping. Its operations span Minnesota, South Dakota, and North Dakota, with most revenue deriving from its power segment and commercial clients, including residential and industrial customers.
