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.
The closing price of Cleanspark Inc (NASDAQ: CLSK) was $8.85 for the day, down -1.67%% from the previous closing price of $9.0. In other words, the price has decreased by -$1.67% from its previous closing price. On the day, 28.98 million shares were traded.
Ratios:
Our analysis of CLSK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.67 and its Current Ratio is at 8.67. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.
On February 12, 2025, Needham started tracking the stock assigning a Buy rating and target price of $20.
On January 27, 2025, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $19.Keefe Bruyette initiated its Outperform rating on January 27, 2025, with a $19 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 21 ’25 when Beynon Roger Paul sold 50,000 shares for $10.51 per share. The transaction valued at 525,285 led to the insider holds 125,511 shares of the business.
Beynon Roger Paul bought 50,000 shares of CLSK for $525,287 on May 21 ’25. On May 15 ’25, another insider, Monnig Taylor, who serves as the Officer of the company, bought 239 shares for $9.21 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.63 while its Price-to-Book (P/B) ratio in mrq is 1.31.
Stock Price History:
Over the past 52 weeks, CLSK has reached a high of $20.49, while it has fallen to a 52-week low of $6.45. The 50-Day Moving Average of the stock is -0.96%, while the 200-Day Moving Average is calculated to be -12.03%.
Shares Statistics:
A total of 280.90M shares are outstanding, with a floating share count of 272.89M. Insiders hold about 2.87% of the company’s shares, while institutions hold 60.77% stake in the company.
