Metric Deep Dive: Understanding Clean Energy Fuels Corp (CLNE) Through its Ratios

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After finishing at $2.99 in the prior trading day, Clean Energy Fuels Corp (NASDAQ: CLNE) closed at $2.94, down -1.67%. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 1.08 million shares were traded. CLNE stock price reached its highest trading level at $2.985 during the session, while it also had its lowest trading level at $2.905.

Ratios:

Our goal is to gain a better understanding of CLNE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.82 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.50.

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 656875392 and an Enterprise Value of 785154560. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.943 whereas that against EBITDA is 433.069.

Stock Price History:

Over the past 52 weeks, CLNE has reached a high of $4.14, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is -0.60%, while the 200-Day Moving Average is calculated to be 3.40%.

Shares Statistics:

The stock has traded on average 1.47M shares per day over the past 3-months and 967750 shares per day over the last 10 days, according to various share statistics. A total of 223.03M shares are outstanding, with a floating share count of 164.72M. Insiders hold about 26.27% of the company’s shares, while institutions hold 52.10% stake in the company. Shares short for CLNE as of 1726185600 were 12859195 with a Short Ratio of 8.73, compared to 1723680000 on 11942308. Therefore, it implies a Short% of Shares Outstanding of 12859195 and a Short% of Float of 7.6.

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