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The closing price of Cleanspark Inc (NASDAQ: CLSK) was $7.44 for the day, down -4.00% from the previous closing price of $7.75. In other words, the price has decreased by -$4.00 from its previous closing price. On the day, 87.56 million shares were traded. CLSK stock price reached its highest trading level at $7.76 during the session, while it also had its lowest trading level at $7.27.
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 12.67 and its Current Ratio is at 12.67. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.32.
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, Needham on February 12, 2025, initiated with a Buy rating and assigned the stock a target price of $20.
On January 27, 2025, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $19.
JP Morgan Upgraded its Neutral to Overweight on December 10, 2024, whereas the target price for the stock was revised from $10.50 to $17.
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 Feb 14 ’25 when Monnig Taylor sold 239 shares for $10.64 per share. The transaction valued at 2,543 led to the insider holds 201,281 shares of the business.
Schultz S. Matthew sold 9,010 shares of CLSK for $95,861 on Feb 14 ’25. The Executive Chairman now owns 2,450,010 shares after completing the transaction at $10.64 per share. On Feb 14 ’25, another insider, Garrison Scott Eugene, who serves as the Chief Operating Officer of the company, sold 1,337 shares for $10.64 each. As a result, the insider received 14,225 and left with 196,059 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, CLSK now has a Market Capitalization of 2086684288 and an Enterprise Value of 2460309504. As of this moment, Cleanspark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.70, and their Forward P/E ratio for the next fiscal year is 5.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.47 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 5.263 whereas that against EBITDA is 5.781.
Stock Price History:
The Beta on a monthly basis for CLSK is 4.09, which has changed by -0.6820513 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, CLSK has reached a high of $24.72, while it has fallen to a 52-week low of $7.22. The 50-Day Moving Average of the stock is -22.23%, while the 200-Day Moving Average is calculated to be -38.42%.
Shares Statistics:
CLSK traded an average of 23.35M shares per day over the past three months and 29298220 shares per day over the past ten days. A total of 280.81M shares are outstanding, with a floating share count of 272.18M. Insiders hold about 3.07% of the company’s shares, while institutions hold 52.22% stake in the company. Shares short for CLSK as of 1740700800 were 79696257 with a Short Ratio of 3.41, compared to 1738281600 on 74360972. Therefore, it implies a Short% of Shares Outstanding of 79696257 and a Short% of Float of 29.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
