Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Cleanspark Inc’s stock clocked out at $7.97, up 3.64% from its previous closing price of $7.69. In other words, the price has increased by $3.64 from its previous closing price. On the day, 22.91 million shares were traded. CLSK stock price reached its highest trading level at $8.15 during the session, while it also had its lowest trading level at $7.6949.
Ratios:
To gain a deeper understanding of CLSK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.67 and its Current Ratio is at 12.67. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on February 12, 2025, initiated with a Buy rating and assigned the stock a target price of $20.
On January 27, 2025, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $19.
JP Morgan Upgraded its Neutral to Overweight on December 10, 2024, whereas the target price for the stock was revised from $10.50 to $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 14 ’25 when Monnig Taylor sold 239 shares for $10.64 per share. The transaction valued at 2,543 led to the insider holds 201,281 shares of the business.
Schultz S. Matthew sold 9,010 shares of CLSK for $95,861 on Feb 14 ’25. The Executive Chairman now owns 2,450,010 shares after completing the transaction at $10.64 per share. On Feb 14 ’25, another insider, Garrison Scott Eugene, who serves as the Chief Operating Officer of the company, sold 1,337 shares for $10.64 each. As a result, the insider received 14,225 and left with 196,059 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLSK now has a Market Capitalization of 2238039808 and an Enterprise Value of 2609137664. As of this moment, Cleanspark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.24, and their Forward P/E ratio for the next fiscal year is 7.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 5.581 whereas that against EBITDA is 6.131.
Stock Price History:
The Beta on a monthly basis for CLSK is 4.02, which has changed by -0.5435281 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, CLSK has reached a high of $24.72, while it has fallen to a 52-week low of $7.22. The 50-Day Moving Average of the stock is -18.84%, while the 200-Day Moving Average is calculated to be -35.27%.
Shares Statistics:
It appears that CLSK traded 24.85M shares on average per day over the past three months and 23668770 shares per day over the past ten days. A total of 280.81M shares are outstanding, with a floating share count of 272.18M. Insiders hold about 3.07% of the company’s shares, while institutions hold 52.22% stake in the company. Shares short for CLSK as of 1740700800 were 79696257 with a Short Ratio of 3.21, compared to 1738281600 on 74360972. Therefore, it implies a Short% of Shares Outstanding of 79696257 and a Short% of Float of 29.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
