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ClearOne Inc (NASDAQ: CLRO) closed the day trading at $0.47 down -3.47% from the previous closing price of $0.49. In other words, the price has decreased by -$3.47 from its previous closing price. On the day, 1.25 million shares were traded. CLRO stock price reached its highest trading level at $0.515 during the session, while it also had its lowest trading level at $0.459.
Ratios:
For a better understanding of CLRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.64 and its Current Ratio is at 6.92. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Singular Research on August 16, 2018, Reiterated its BUY – Long-Term rating but revised its target price to $6 from $4 previously.
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 Dec 14 ’23 when BAGLEY EDWARD D bought 9,541 shares for $0.82 per share. The transaction valued at 7,847 led to the insider holds 10,590,528 shares of the business.
BAGLEY EDWARD D bought 14,171 shares of CLRO for $11,462 on Dec 11 ’23. The 10% Owner now owns 10,565,386 shares after completing the transaction at $0.81 per share. On Dec 12 ’23, another insider, BAGLEY EDWARD D, who serves as the 10% Owner of the company, bought 11,582 shares for $0.81 each. As a result, the insider paid 9,324 and bolstered with 10,576,968 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, CLRO now has a Market Capitalization of 11337384 and an Enterprise Value of 8772662. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.586 whereas that against EBITDA is -1.189.
Stock Price History:
Over the past 52 weeks, CLRO has reached a high of $1.70, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -16.94%, while the 200-Day Moving Average is calculated to be -35.79%.
Shares Statistics:
Over the past 3-months, CLRO traded about 84.49K shares per day on average, while over the past 10 days, CLRO traded about 457860 shares per day. A total of 23.97M shares are outstanding, with a floating share count of 10.10M. Insiders hold about 57.84% of the company’s shares, while institutions hold 5.73% stake in the company. Shares short for CLRO as of 1730332800 were 13424 with a Short Ratio of 0.16, compared to 1727654400 on 10606. Therefore, it implies a Short% of Shares Outstanding of 13424 and a Short% of Float of 0.1.
