Otter Tail Sets New 12-Month Low Time to Sell?
| OTTR Stock | USD 80.64 0.24 0.30% |
Slightly above 56% of Otter Tail's investor base is looking to short. The analysis of overall sentiment of trading Otter Tail stock suggests that many investors are alarmed at this time. Otter Tail's investing sentiment overview a quick insight into current market opportunities from investing in Otter Tail. Many technical investors use Otter Tail stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Otter Tail Co. s stock price reached a new 52-week low on Tuesday . The stock traded as low as 73.43 and last traded at 76.09, with a volume of 23401 shares changing hands. The stock had previously closed at 78.53. Otter Tail Stock Up 0.4 percent The firm has a
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Otter Tail Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Otter Tail can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Otter Tail Fundamental Analysis
We analyze Otter Tail's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otter Tail using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otter Tail based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Debt
Total Debt Comparative Analysis
Otter Tail is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Otter Tail Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Otter Tail stock to make a market-neutral strategy. Peer analysis of Otter Tail could also be used in its relative valuation, which is a method of valuing Otter Tail by comparing valuation metrics with similar companies.
Peers
Otter Tail Related Equities
| BIP-PB | Brookfield Infrastructure | 1.32 | ||||
| NWE | NorthWestern | 0.95 | ||||
| BIP-PA | Brookfield Infrastructure | 0.73 | ||||
| AES | AES | 0.38 | ||||
| AVA | Avista | 0.23 | ||||
| BKH | Black Hills | 0.20 | ||||
| ALE | Allete | 0.02 | ||||
| MNTK | Montauk Renewables | 0.23 | ||||
| BIP | Brookfield Infrastructure | 1.07 | ||||
| ELP | Companhia Paranaense | 2.56 |
Additional Tools for Otter Stock Analysis
When running Otter Tail's price analysis, check to measure Otter Tail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.