In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, ClearOne Inc (NASDAQ: CLRO) closed at $0.83 up 4.71% from its previous closing price of $0.79. In other words, the price has increased by $4.71 from its previous closing price. On the day, 0.69 million shares were traded. CLRO stock price reached its highest trading level at $0.98 during the session, while it also had its lowest trading level at $0.77.
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 2.64 and its Current Ratio is at 6.92. 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.
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 19829636 and an Enterprise Value of 8772662. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 0.586 whereas that against EBITDA is -1.189.
Stock Price History:
The Beta on a monthly basis for CLRO is 0.76, which has changed by -0.19417477 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, CLRO has reached a high of $1.70, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is 36.19%, while the 200-Day Moving Average is calculated to be 16.93%.
Shares Statistics:
For the past three months, CLRO has traded an average of 414.84K shares per day and 1919660 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 5.73% stake in the company. Shares short for CLRO as of 1730332800 were 13424 with a Short Ratio of 0.08, compared to 1727654400 on 10606. Therefore, it implies a Short% of Shares Outstanding of 13424 and a Short% of Float of 0.1.
