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.
ClearSign Technologies Corp (NASDAQ: CLIR) closed the day trading at $0.62 down -0.75% from the previous closing price of $0.62. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 84285.0 shares were traded. CLIR stock price reached its highest trading level at $0.6499 during the session, while it also had its lowest trading level at $0.5801.
Ratios:
For a better understanding of CLIR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.63 and its Current Ratio is at 5.63. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 24 ’24 when HOFFMAN Robert Thurston Sr bought 3,350,000 shares for $0.91 per share. The transaction valued at 3,048,500 led to the insider holds 9,539,857 shares of the business.
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 32507194 and an Enterprise Value of 19807212. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.21 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 6.842 whereas that against EBITDA is -2.711.
Stock Price History:
The Beta on a monthly basis for CLIR is 1.27, which has changed by -0.25301206 over the last 52 weeks, in comparison to a change of 0.09362543 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 -3.25%, while the 200-Day Moving Average is calculated to be -28.91%.
Shares Statistics:
Over the past 3-months, CLIR traded about 78.75K shares per day on average, while over the past 10 days, CLIR traded about 87850 shares per day. A total of 52.42M shares are outstanding, with a floating share count of 41.40M. Insiders hold about 21.03% of the company’s shares, while institutions hold 7.83% stake in the company. Shares short for CLIR as of 1745971200 were 216583 with a Short Ratio of 2.75, compared to 1743379200 on 230255. Therefore, it implies a Short% of Shares Outstanding of 216583 and a Short% of Float of 0.5.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
ClearSign Technologies Corp (CLIR) is presently subject to a detailed evaluation by 1.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.14 and -$0.14 for the fiscal current year, implying an average EPS of -$0.14. EPS for the following year is -$0.11, with 1.0 analysts recommending between -$0.11 and -$0.11.
Revenue Estimates
1 analysts predict $644k in revenue for the current quarter. It ranges from a high estimate of $644k to a low estimate of $644k. As of the current estimate, ClearSign Technologies Corp’s year-ago sales were $45kFor the next quarter, 1 analysts are estimating revenue of $1.43M. There is a high estimate of $1.43M for the next quarter, whereas the lowest estimate is $1.43M.
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.
