On Monday, Cleanspark Inc (NASDAQ: CLSK) opened lower -3.30% from the last sessionbefore settling in for the closing price of $9.38. Price fluctuations for CLSK have ranged from $3.38 to $24.72 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 271.83% over the last five years. Company’s average yearly earnings per share was noted -463.33% at the time writing. With a float of $246.24 million, this company’s outstanding shares have now reached $253.14 million.
The firm has a total of 131 workers. Let’s measure their productivity. In terms of profitability, gross margin is 23.44%, operating margin of -9.57%, and the pretax margin is -43.53%.
Cleanspark Inc (CLSK) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Cleanspark Inc is 2.72%, while institutional ownership is 40.97%. The most recent insider transaction that took place on Sep 12 ’24, was worth 205,331. In this transaction Director of this company sold 22,222 shares at a rate of $9.24, taking the stock ownership to the 137,050 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director proposed sale 22,222 for $9.24, making the entire transaction worth $205,322.
Cleanspark Inc (CLSK) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.63 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.13) by -0.5. 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 -463.33% per share during the next fiscal year.
Cleanspark Inc (NASDAQ: CLSK) Trading Performance Indicators
Check out the current performance indicators for Cleanspark Inc (CLSK). In the past quarter, the stock posted a quick ratio of 8.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Cleanspark Inc (CLSK)
Analysing the last 5-days average volume posted by the [Cleanspark Inc, CLSK], we can find that recorded value of 16.64 million was lower than the volume posted last year of 30.76 million. As of the previous 9 days, the stock’s Stochastic %D was 54.29%. Additionally, its Average True Range was 0.87.
During the past 100 days, Cleanspark Inc’s (CLSK) raw stochastic average was set at 7.72%, which indicates a significant decrease from 25.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.99% in the past 14 days, which was higher than the 87.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.04, while its 200-day Moving Average is $14.24. Now, the first resistance to watch is $9.29. This is followed by the second major resistance level at $9.50. The third major resistance level sits at $9.75. If the price goes on to break the first support level at $8.83, it is likely to go to the next support level at $8.58. Now, if the price goes above the second support level, the third support stands at $8.37.
Cleanspark Inc (NASDAQ: CLSK) Key Stats
There are currently 227,870K shares outstanding in the company with a market cap of 2.30 billion. Presently, the company’s annual sales total 168,410 K according to its annual income of -136,590 K. Last quarter, the company’s sales amounted to 104,110 K and its income totaled -236,240 K.
