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.
As of close of business last night, Clean Energy Fuels Corp’s stock clocked out at $2.85, up 5.56% from its previous closing price of $2.70. In other words, the price has increased by $5.56 from its previous closing price. On the day, 1.58 million shares were traded. CLNE stock price reached its highest trading level at $2.87 during the session, while it also had its lowest trading level at $2.76.
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 636852416 and an Enterprise Value of 765716096. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 1.852 whereas that against EBITDA is 60.245.
Stock Price History:
The Beta on a monthly basis for CLNE is 2.15, which has changed by -0.12903225 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, CLNE has reached a high of $3.42, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is 1.26%, while the 200-Day Moving Average is calculated to be 3.40%.
Shares Statistics:
It appears that CLNE traded 2.02M shares on average per day over the past three months and 3066110 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 50.65% stake in the company. Shares short for CLNE as of 1735603200 were 10606719 with a Short Ratio of 5.26, compared to 1732838400 on 11418844. Therefore, it implies a Short% of Shares Outstanding of 10606719 and a Short% of Float of 6.2700000000000005.
