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In the latest session, ClearOne Inc (NASDAQ: CLRO) closed at $0.60 up 0.40% from its previous closing price of $0.60. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.75 million shares were traded. CLRO stock price reached its highest trading level at $0.8127 during the session, while it also had its lowest trading level at $0.5401.
Ratios:
For a deeper understanding of ClearOne Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.95 and its Current Ratio is at 6.95. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 14381461 and an Enterprise Value of -5207560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at -0.287 whereas that against EBITDA is 0.945.
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 $0.44. The 50-Day Moving Average of the stock is -13.45%, while the 200-Day Moving Average is calculated to be -19.76%.
Shares Statistics:
For the past three months, CLRO has traded an average of 71.35K shares per day and 96740 over the past ten days. 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 5.70% stake in the company. Shares short for CLRO as of 1722384000 were 30645 with a Short Ratio of 0.43, compared to 1719532800 on 62710. Therefore, it implies a Short% of Shares Outstanding of 30645 and a Short% of Float of 0.22999999999999998.
