Analyzing Ratios: Clean Energy Fuels Corp (CLNE)’s Financial Story Unveiled

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The price of Clean Energy Fuels Corp (NASDAQ: CLNE) closed at $3.10 in the last session, down -1.59% from day before closing price of $3.15. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 1.69 million shares were traded. CLNE stock price reached its highest trading level at $3.165 during the session, while it also had its lowest trading level at $3.0011.

Ratios:

We take a closer look at CLNE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.74 and its Current Ratio is at 3.06. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.49.

On September 05, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $7.50.

On July 13, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $6.Stifel initiated its Buy rating on July 13, 2023, with a $6 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLNE now has a Market Capitalization of 692716672 and an Enterprise Value of 821580224. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 1.987 whereas that against EBITDA is 64.64.

Stock Price History:

Over the past 52 weeks, CLNE has reached a high of $4.12, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is 5.09%, while the 200-Day Moving Average is calculated to be 12.04%.

Shares Statistics:

According to the various share statistics, CLNE traded on average about 1.37M shares per day over the past 3-months and 1991730 shares per day over the past 10 days. A total of 223.03M shares are outstanding, with a floating share count of 164.75M. Insiders hold about 26.27% of the company’s shares, while institutions hold 52.23% stake in the company. Shares short for CLNE as of 1728950400 were 12041327 with a Short Ratio of 8.76, compared to 1726185600 on 12859195. Therefore, it implies a Short% of Shares Outstanding of 12041327 and a Short% of Float of 7.12.

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