Shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) fell 0.7% during trading on Friday . The company traded as low as $12.14 and last traded at $12.63, 2,188 shares were traded during trading. A decline of 70% from the average session volume of 7,237 shares. The stock had previously closed at $12.72.
Separately, TheStreet cut shares of Zumiez from a “b” rating to a “c+” rating in a research report on Thursday, June 6th.
An institutional investor recently raised its position in Ellomay Capital stock. Delek Group Ltd. boosted its stake in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 238.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 776,271 shares of the utilities provider’s stock after buying an additional 546,990 shares during the quarter. Delek Group Ltd. owned 7.27% of Ellomay Capital worth $6,141,000 as of its most recent filing with the Securities and Exchange Commission.
Ellomay Capital Ltd., together with its subsidiaries, produces and sells renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns 17 photovoltaic (PV) plants comprising 12 PV plants in Italy with an aggregate installed capacity of approximately 22.6 MWp; 4 PV plants in Spain with an aggregate installed capacity of approximately 7.9 MWp; and 1 PV plant in Israel with an installed capacity of approximately 9 MWp.
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