Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Clean Energy Fuels Corp (NASDAQ: CLNE) was $3.01 for the day, down -0.33% from the previous closing price of $3.02. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 2.38 million shares were traded. CLNE stock price reached its highest trading level at $3.01 during the session, while it also had its lowest trading level at $2.88.
Ratios:
Our analysis of CLNE’s different ratios will help us gain a deeper understanding of the company. 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:
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 672605568 and an Enterprise Value of 801469184. 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 0.93. Its current Enterprise Value per Revenue stands at 1.939 whereas that against EBITDA is 63.058.
Stock Price History:
Over the past 52 weeks, CLNE has reached a high of $3.64, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is 6.76%, while the 200-Day Moving Average is calculated to be 9.43%.
Shares Statistics:
CLNE traded an average of 1.90M shares per day over the past three months and 2589450 shares per day over the past ten days. A total of 223.43M shares are outstanding, with a floating share count of 164.77M. Insiders hold about 26.27% of the company’s shares, while institutions hold 50.63% stake in the company. Shares short for CLNE as of 1734048000 were 10818334 with a Short Ratio of 5.69, compared to 1731628800 on 11429740. Therefore, it implies a Short% of Shares Outstanding of 10818334 and a Short% of Float of 6.39.
