Clean Energy Fuels Corp (CLNE)’s Day in Review: Closing at 2.86, Down by -2.05

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After finishing at $2.92 in the prior trading day, Clean Energy Fuels Corp (NASDAQ: CLNE) closed at $2.86, down -2.05%. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 1.84 million shares were traded. CLNE stock price reached its highest trading level at $3.02 during the session, while it also had its lowest trading level at $2.82.

Ratios:

Our goal is to gain a better understanding of CLNE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 3.14. In the meantime, Its Debt-to-Equity ratio is 0.50 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 638532160 and an Enterprise Value of 756062336. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 1.906 whereas that against EBITDA is -123.519.

Stock Price History:

Over the past 52 weeks, CLNE has reached a high of $5.25, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is 14.51%, while the 200-Day Moving Average is calculated to be -12.40%.

Shares Statistics:

The stock has traded on average 1.74M shares per day over the past 3-months and 1957750 shares per day over the last 10 days, according to various share statistics. A total of 223.03M shares are outstanding, with a floating share count of 164.55M. Insiders hold about 26.30% of the company’s shares, while institutions hold 50.50% stake in the company. Shares short for CLNE as of 1715731200 were 14137531 with a Short Ratio of 8.15, compared to 1713139200 on 14074952. Therefore, it implies a Short% of Shares Outstanding of 14137531 and a Short% of Float of 8.36.

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