Quarterly Snapshot: Quick and Current Ratios for Clean Energy Fuels Corp (CLNE)

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Clean Energy Fuels Corp (NASDAQ: CLNE) was $2.58 for the day, down -4.80% from the previous closing price of $2.71. In other words, the price has decreased by -$4.80 from its previous closing price. On the day, 2.69 million shares were traded. CLNE stock price reached its highest trading level at $2.77 during the session, while it also had its lowest trading level at $2.54.

Ratios:

Our analysis of CLNE’s different ratios will help us gain a deeper understanding of the company. 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 576519040 and an Enterprise Value of 705382848. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.706 whereas that against EBITDA is 55.498.

Stock Price History:

Over the past 52 weeks, CLNE has reached a high of $4.12, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is -10.04%, while the 200-Day Moving Average is calculated to be -5.96%.

Shares Statistics:

CLNE traded an average of 1.59M shares per day over the past three months and 1774320 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 50.58% stake in the company. Shares short for CLNE as of 1732838400 were 11418844 with a Short Ratio of 7.16, compared to 1730332800 on 11632647. Therefore, it implies a Short% of Shares Outstanding of 11418844 and a Short% of Float of 6.75.

Most Popular