For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
ClearSign Technologies Corp (NASDAQ: CLIR) closed the day trading at $0.74 down -1.80% from the previous closing price of $0.75. In other words, the price has decreased by -$1.80 from its previous closing price. On the day, 61221.0 shares were traded. CLIR stock price reached its highest trading level at $0.75 during the session, while it also had its lowest trading level at $0.731.
Ratios:
For a better understanding of CLIR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.28 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLIR now has a Market Capitalization of 39422320 and an Enterprise Value of 29119320. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.34 while its Price-to-Book (P/B) ratio in mrq is 4.28. Its current Enterprise Value per Revenue stands at 13.525 whereas that against EBITDA is -3.979.
Stock Price History:
The Beta on a monthly basis for CLIR is 1.20, which has changed by -0.36440676 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, CLIR has reached a high of $1.72, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is -13.19%, while the 200-Day Moving Average is calculated to be 7.28%.
Shares Statistics:
Over the past 3-months, CLIR traded about 795.48K shares per day on average, while over the past 10 days, CLIR traded about 142830 shares per day. A total of 52.52M shares are outstanding, with a floating share count of 41.97M. Insiders hold about 21.22% of the company’s shares, while institutions hold 7.95% stake in the company. Shares short for CLIR as of 1763078400 were 260901 with a Short Ratio of 0.33, compared to 1760486400 on 313419. Therefore, it implies a Short% of Shares Outstanding of 260901 and a Short% of Float of 0.54.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. Analysts are recommending an EPS of between -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.1, with 1.0 analysts recommending between -$0.1 and -$0.1.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $9.73M in the next fiscal year. The high estimate is $9.73M and the low estimate is $9.73M.
