Gaining Ground: Cleanspark Inc (CLSK) Closes Higher at 7.50, Up 5.19

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The price of Cleanspark Inc (NASDAQ: CLSK) closed at $7.50 in the last session, up 5.19% from day before closing price of $7.13. In other words, the price has increased by $5.19 from its previous closing price. On the day, 19.54 million shares were traded. CLSK stock price reached its highest trading level at $7.62 during the session, while it also had its lowest trading level at $7.14.

Ratios:

We take a closer look at CLSK’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 24 ’25 when Wood Thomas Leigh sold 44,444 shares for $8.04 per share. The transaction valued at 357,330 led to the insider holds 126,736 shares of the business.

Wood Thomas Leigh bought 44,444 shares of CLSK for $357,401 on Mar 24 ’25. On Mar 24 ’25, another insider, Cavaleri Amanda, who serves as the Director of the company, sold 13,000 shares for $7.97 each. As a result, the insider received 103,600 and left with 140,289 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 2106060032 and an Enterprise Value of 2477158144. As of this moment, Cleanspark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.10, and their Forward P/E ratio for the next fiscal year is 9.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 5.299 whereas that against EBITDA is 5.821.

Stock Price History:

The Beta on a monthly basis for CLSK is 4.24, which has changed by -0.4894486 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, CLSK has reached a high of $21.39, while it has fallen to a 52-week low of $6.45. The 50-Day Moving Average of the stock is -12.97%, while the 200-Day Moving Average is calculated to be -34.05%.

Shares Statistics:

According to the various share statistics, CLSK traded on average about 24.82M shares per day over the past 3-months and 24294830 shares per day over the past 10 days. A total of 280.81M shares are outstanding, with a floating share count of 272.24M. Insiders hold about 3.05% of the company’s shares, while institutions hold 52.51% stake in the company. Shares short for CLSK as of 1743379200 were 89295767 with a Short Ratio of 3.60, compared to 1740700800 on 79696257. Therefore, it implies a Short% of Shares Outstanding of 89295767 and a Short% of Float of 32.66.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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