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Cleanspark Inc (NASDAQ: CLSK) closed the day trading at $13.56 down -9.42% from the previous closing price of $14.97. In other words, the price has decreased by -$9.42 from its previous closing price. On the day, 33.37 million shares were traded. CLSK stock price reached its highest trading level at $15.045 during the session, while it also had its lowest trading level at $13.42.
Ratios:
For a better understanding of CLSK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.74 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Macquarie on September 25, 2024, initiated with a Outperform rating and assigned the stock a target price of $20.
On December 08, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $9 to $8.
On October 31, 2023, Bernstein started tracking the stock assigning a Outperform rating and target price of $5.30.Bernstein initiated its Outperform rating on October 31, 2023, with a $5.30 target price.
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 Nov 29 ’24 when Monnig Taylor sold 1,350 shares for $14.35 per share. The transaction valued at 19,372 led to the insider holds 202,870 shares of the business.
Monnig Taylor bought 1,350 shares of CLSK for $19,372 on Nov 29 ’24. On Oct 25 ’24, another insider, Monnig Taylor, who serves as the Chief Technology Officer of the company, sold 1,350 shares for $11.88 each. As a result, the insider received 16,038 and left with 204,220 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, CLSK now has a Market Capitalization of 3967140608 and an Enterprise Value of 3346231808. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.25 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 9.778 whereas that against EBITDA is 16.86.
Stock Price History:
Over the past 52 weeks, CLSK has reached a high of $24.72, while it has fallen to a 52-week low of $6.41. The 50-Day Moving Average of the stock is 10.58%, while the 200-Day Moving Average is calculated to be -7.48%.
Shares Statistics:
Over the past 3-months, CLSK traded about 31.57M shares per day on average, while over the past 10 days, CLSK traded about 42263780 shares per day. A total of 292.56M shares are outstanding, with a floating share count of 282.58M. Insiders hold about 3.41% of the company’s shares, while institutions hold 37.40% stake in the company. Shares short for CLSK as of 1731628800 were 49979327 with a Short Ratio of 1.58, compared to 1728950400 on 50394986. Therefore, it implies a Short% of Shares Outstanding of 49979327 and a Short% of Float of 19.950001.
