On Tuesday, Clean Energy Fuels Corp (NASDAQ: CLNE) opened higher 4.52% from the last session, before settling in for the closing price of $2.21. Price fluctuations for CLNE have ranged from $2.17 to $5.25 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 7.32%. Company’s average yearly earnings per share was noted 14.77% at the time writing. With a float of $165.06 million, this company’s outstanding shares have now reached $223.03 million.
Considering the fact that the conglomerate employs 566 people, you should pay attention to its efficiency factor.
Clean Energy Fuels Corp (CLNE) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of Clean Energy Fuels Corp is 26.06%, while institutional ownership is 49.24%.
Clean Energy Fuels Corp (CLNE) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -0.07 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.04) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.77% per share during the next fiscal year.
Clean Energy Fuels Corp (NASDAQ: CLNE) Trading Performance Indicators
Check out the current performance indicators for Clean Energy Fuels Corp (CLNE). In the past quarter, the stock posted a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.45, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Clean Energy Fuels Corp (CLNE)
Compared to the last year’s volume of 1.65 million, its volume of 1.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.56%. Additionally, its Average True Range was 0.12.
During the past 100 days, Clean Energy Fuels Corp’s (CLNE) raw stochastic average was set at 7.16%, which indicates a significant decrease from 32.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.20% in the past 14 days, which was lower than the 58.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.65, while its 200-day Moving Average is $3.57. Nevertheless, the first resistance level for the watch stands at $2.35 in the near term. At $2.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.48. If the price goes on to break the first support level at $2.22, it is likely to go to the next support level at $2.14. Should the price break the second support level, the third support level stands at $2.09.
Clean Energy Fuels Corp (NASDAQ: CLNE) Key Stats
There are currently 223,263K shares outstanding in the company with a market cap of 515.68 million. Presently, the company’s annual sales total 425,160 K according to its annual income of -99,500 K. Last quarter, the company’s sales amounted to 106,860 K and its income totaled -18,690 K.
