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, Clene Inc’s stock clocked out at $5.28, down -10.36% from its previous closing price of $5.89. In other words, the price has decreased by -$10.36 from its previous closing price. On the day, 0.13 million shares were traded. CLNN stock price reached its highest trading level at $6.04 during the session, while it also had its lowest trading level at $5.255.
Ratios:
To gain a deeper understanding of CLNN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.83.
On July 18, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $16.
On May 02, 2022, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $10.Canaccord Genuity initiated its Buy rating on May 02, 2022, with a $10 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 30 ’24 when MATLIN DAVID J bought 92,307 shares for $4.75 per share. The transaction valued at 438,458 led to the insider holds 444,491 shares of the business.
Mortenson Mark bought 20,512 shares of CLNN for $97,432 on Sep 30 ’24. The Chief Science Officer now owns 28,949 shares after completing the transaction at $4.75 per share. On Sep 30 ’24, another insider, Etherington Robert Dee, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $4.75 each. As a result, the insider paid 47,500 and bolstered with 40,149 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, CLNN now has a Market Capitalization of 42132976 and an Enterprise Value of 41281616. For the stock, the TTM Price-to-Sale (P/S) ratio is 100.31. Its current Enterprise Value per Revenue stands at 93.397 whereas that against EBITDA is -1.2.
Stock Price History:
Over the past 52 weeks, CLNN has reached a high of $11.00, while it has fallen to a 52-week low of $3.82. The 50-Day Moving Average of the stock is 6.98%, while the 200-Day Moving Average is calculated to be -11.39%.
Shares Statistics:
It appears that CLNN traded 82.21K shares on average per day over the past three months and 94840 shares per day over the past ten days. A total of 137.14M shares are outstanding, with a floating share count of 5.07M. Insiders hold about 36.45% of the company’s shares, while institutions hold 12.91% stake in the company. Shares short for CLNN as of 1730332800 were 127257 with a Short Ratio of 1.21, compared to 1727654400 on 176188. Therefore, it implies a Short% of Shares Outstanding of 127257 and a Short% of Float of 2.2399999999999998.
