Closing Strong: Clean Energy Fuels Corp (CLNE) Ends at 2.80, Down -4.11 from Last Close

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.

After finishing at $2.92 in the prior trading day, Clean Energy Fuels Corp (NASDAQ: CLNE) closed at $2.80, down -4.11%. In other words, the price has decreased by -$4.11 from its previous closing price. On the day, 2.02 million shares were traded.

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 2.74 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 0.86.

Stock Price History:

Over the past 52 weeks, CLNE has reached a high of $3.67, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is -4.78%, while the 200-Day Moving Average is calculated to be -1.81%.

Shares Statistics:

A total of 223.43M shares are outstanding, with a floating share count of 164.73M. Insiders hold about 26.28% of the company’s shares, while institutions hold 50.40% stake in the company.

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