Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Clean Energy Fuels Corp (NASDAQ: CLNE) closed at $2.94 in the last session, up 2.08% from day before closing price of $2.88. In other words, the price has increased by $2.08 from its previous closing price. On the day, 2.94 million shares were traded. CLNE stock price reached its highest trading level at $3.03 during the session, while it also had its lowest trading level at $2.815.
Ratios:
We take a closer look at CLNE’s different ratios to gain a better understanding of the stock. 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 656963584 and an Enterprise Value of 785827200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.901 whereas that against EBITDA is 61.827.
Stock Price History:
The Beta on a monthly basis for CLNE is 2.16, which has changed by -0.073955 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. Over the past 52 weeks, CLNE has reached a high of $3.37, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is 4.60%, while the 200-Day Moving Average is calculated to be 6.47%.
Shares Statistics:
According to the various share statistics, CLNE traded on average about 2.05M shares per day over the past 3-months and 2730740 shares per day over the past 10 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 50.59% stake in the company. Shares short for CLNE as of 1735603200 were 10606719 with a Short Ratio of 5.19, compared to 1732838400 on 11418844. Therefore, it implies a Short% of Shares Outstanding of 10606719 and a Short% of Float of 6.2700000000000005.
