Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Clean Energy Fuels Corp’s stock clocked out at $2.49, down -4.96% from its previous closing price of $2.62. In other words, the price has decreased by -$4.96 from its previous closing price. On the day, 1.99 million shares were traded. CLNE stock price reached its highest trading level at $2.6 during the session, while it also had its lowest trading level at $2.47.
Ratios:
To gain a deeper understanding of CLNE’s stock, we examine its different ratios. 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 556407936 and an Enterprise Value of 685271744. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 1.658 whereas that against EBITDA is 53.916.
Stock Price History:
Over the past 52 weeks, CLNE has reached a high of $4.12, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is -11.65%, while the 200-Day Moving Average is calculated to be -9.17%.
Shares Statistics:
It appears that CLNE traded 1.69M shares on average per day over the past three months and 1865640 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 50.58% stake in the company. Shares short for CLNE as of 1734048000 were 10818334 with a Short Ratio of 6.38, compared to 1731628800 on 11429740. Therefore, it implies a Short% of Shares Outstanding of 10818334 and a Short% of Float of 6.39.
