Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
ClearOne Inc (NASDAQ: CLRO) closed the day trading at $0.37 up 10.21% from the previous closing price of $0.33. In other words, the price has increased by $10.21 from its previous closing price. On the day, 2.17 million shares were traded.
Ratios:
For a better understanding of CLRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 4.81. In the meantime, Its Debt-to-Equity ratio is 0.04 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’25 when BAGLEY EDWARD D bought 2,000,000 shares for $0.50 per share. The transaction valued at 1,000,000 led to the insider holds 12,590,528 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 0.49.
Stock Price History:
Over the past 52 weeks, CLRO has reached a high of $1.40, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is -28.35%, while the 200-Day Moving Average is calculated to be -35.99%.
Shares Statistics:
A total of 25.99M shares are outstanding, with a floating share count of 8.41M. Insiders hold about 67.67% of the company’s shares, while institutions hold 5.32% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
