A new trading day began on Monday, with Cleanspark Inc (NASDAQ: CLSK) stock price down -7.80% from the previous day of trading, before settling in for the closing price of $10.13. CLSK’s price has ranged from $3.38 to $24.72 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 271.83%. Meanwhile, its annual earnings per share averaged -378.53%. With a float of $244.79 million, this company’s outstanding shares have now reached $253.14 million.
Let’s determine the extent of company efficiency that accounts for 131 employees.
Cleanspark Inc (CLSK) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Cleanspark Inc is 3.30%, while institutional ownership is 41.08%. The most recent insider transaction that took place on Sep 27 ’24, was worth 14,094. In this transaction Chief Technology Officer of this company sold 1,350 shares at a rate of $10.44, taking the stock ownership to the 209,652 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Officer proposed sale 1,350 for $10.44, making the entire transaction worth $14,094.
Cleanspark Inc (CLSK) Earnings and Forecasts
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According to the Wall Street analysts, stocks earnings will be around -378.53% per share during the next fiscal year.
Cleanspark Inc (NASDAQ: CLSK) Trading Performance Indicators
Here are Cleanspark Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 8.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 1.44 in one year’s time.
Technical Analysis of Cleanspark Inc (CLSK)
Looking closely at Cleanspark Inc (NASDAQ: CLSK), its last 5-days average volume was 24.67 million, which is a drop from its year-to-date volume of 30.28 million. As of the previous 9 days, the stock’s Stochastic %D was 65.63%. Additionally, its Average True Range was 0.76.
During the past 100 days, Cleanspark Inc’s (CLSK) raw stochastic average was set at 10.32%, which indicates a significant decrease from 39.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.12% in the past 14 days, which was lower than the 86.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.55, while its 200-day Moving Average is $14.28. However, in the short run, Cleanspark Inc’s stock first resistance to watch stands at $9.71. Second resistance stands at $10.07. The third major resistance level sits at $10.32. If the price goes on to break the first support level at $9.10, it is likely to go to the next support level at $8.85. Should the price break the second support level, the third support level stands at $8.49.
Cleanspark Inc (NASDAQ: CLSK) Key Stats
With a market capitalization of 2.36 billion, the company has a total of 227,870K Shares Outstanding. Currently, annual sales are 168,410 K while annual income is -136,590 K. The company’s previous quarter sales were 104,110 K while its latest quarter income was -236,240 K.
