As on Wednesday, Cleanspark Inc (NASDAQ: CLSK) started slowly as it slid -1.83% to $15.05, before settling in for the price of $15.33 at the close. Taking a more long-term approach, CLSK posted a 52-week range of $2.38-$24.72.
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The Financial sector firm’s twelve-monthly sales growth has been 271.83% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 37.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 154.96%. This publicly-traded company’s shares outstanding now amounts to $225.42 million, simultaneously with a float of $217.30 million. The organization now has a market capitalization sitting at $3.39 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.24, while the 200-day Moving Average is $8.62.
Cleanspark Inc (CLSK) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Capital Markets industry. Cleanspark Inc’s current insider ownership accounts for 3.60%, in contrast to 38.38% institutional ownership. According to the most recent insider trade that took place on Mar 27 ’24, this organization’s Executive Chairman sold 367,000 shares at the rate of 23.07, making the entire transaction reach 8,466,690 in total value, affecting insider ownership by 2,298,975. Preceding that transaction, on Mar 21 ’24, Company’s CEO and President sold 443,000 for 20.31, making the whole transaction’s value amount to 8,997,330. This particular insider is now the holder of 2,795,863 in total.
Cleanspark Inc (CLSK) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.14 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.24) by $0.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
Cleanspark Inc’s EPS increase for this current 12-month fiscal period is 154.96% and is forecasted to reach 1.64 in the upcoming year.
Cleanspark Inc (NASDAQ: CLSK) Trading Performance Indicators
Let’s observe the current performance indicators for Cleanspark Inc (CLSK). It’s Quick Ratio in the last reported quarter now stands at 4.27. The Stock has managed to achieve an average true range (ATR) of 2.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 15.83. Similarly, its price to free cash flow for trailing twelve months is now 62.12.
In the same vein, CLSK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.68, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 1.64 at the market close of one year from today.
Technical Analysis of Cleanspark Inc (CLSK)
Through scrutinizing the latest numbers posted by the [Cleanspark Inc, CLSK], it can be observed that its last 5-days Average volume of 27.78 million was lower the volume of 35.14 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 3.79% While, its Average True Range was 1.92.
Raw Stochastic average of Cleanspark Inc (CLSK) in the period of the previous 100 days is set at 53.89%, which indicates a major rise in contrast to 4.54% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 110.33% that was lower than 140.09% volatility it exhibited in the past 100-days period.
