Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.56 in the prior trading day, ClearSign Technologies Corp (NASDAQ: CLIR) closed at $0.56, up 0.02%. In other words, the price has increased by $0.02 from its previous closing price. On the day, 0.13 million shares were traded. CLIR stock price reached its highest trading level at $0.5673 during the session, while it also had its lowest trading level at $0.5511.
Ratios:
Our goal is to gain a better understanding of CLIR by taking a closer 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 29625340 and an Enterprise Value of 19322340. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.78 while its Price-to-Book (P/B) ratio in mrq is 3.22. Its current Enterprise Value per Revenue stands at 8.975 whereas that against EBITDA is -2.64.
Stock Price History:
The Beta on a monthly basis for CLIR is 1.17, which has changed by -0.5971223 over the last 52 weeks, in comparison to a change of 0.17511821 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 -27.01%, while the 200-Day Moving Average is calculated to be -16.77%.
Shares Statistics:
The stock has traded on average 177.39K shares per day over the past 3-months and 98830 shares per day over the last 10 days, according to various share statistics. A total of 52.52M shares are outstanding, with a floating share count of 42.15M. Insiders hold about 20.89% of the company’s shares, while institutions hold 7.95% stake in the company. Shares short for CLIR as of 1765756800 were 171348 with a Short Ratio of 0.97, compared to 1763078400 on 260901. Therefore, it implies a Short% of Shares Outstanding of 171348 and a Short% of Float of 0.36000002.
Earnings Estimates
The stock of ClearSign Technologies Corp (CLIR) is currently drawing attention from 1 analysts actively involved in the ongoing evaluation and rating process. 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.
