Clean Energy Fuels Corp (NASDAQ: CLNE) kicked off on Monday, up 3.18% from the previous trading day, before settling in for the closing price of $2.83. Over the past 52 weeks, CLNE has traded in a range of $2.17-$4.12.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Energy Sector giant was 7.32%. While this was happening, its average annual earnings per share was recorded 80.22%. With a float of $164.72 million, this company’s outstanding shares have now reached $223.03 million.
Let’s determine the extent of company efficiency that accounts for 566 employees. In terms of profitability, gross margin is 15.91%, operating margin of -11.1%, and the pretax margin is -19.78%.
Clean Energy Fuels Corp (CLNE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Clean Energy Fuels Corp is 26.27%, while institutional ownership is 51.94%.
Clean Energy Fuels Corp (CLNE) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0 earnings per share (EPS), higher than consensus estimate (set at -0.01) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 80.22% per share during the next fiscal year.
Clean Energy Fuels Corp (NASDAQ: CLNE) Trading Performance Indicators
Take a look at Clean Energy Fuels Corp’s (CLNE) current performance indicators. Last quarter, stock had a quick ratio of 2.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Clean Energy Fuels Corp (CLNE)
Looking closely at Clean Energy Fuels Corp (NASDAQ: CLNE), its last 5-days average volume was 1.19 million, which is a drop from its year-to-date volume of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 42.91%. Additionally, its Average True Range was 0.14.
During the past 100 days, Clean Energy Fuels Corp’s (CLNE) raw stochastic average was set at 61.21%, which indicates a significant increase from 46.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.04% in the past 14 days, which was lower than the 65.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.95, while its 200-day Moving Average is $2.77. However, in the short run, Clean Energy Fuels Corp’s stock first resistance to watch stands at $3.03. Second resistance stands at $3.13. The third major resistance level sits at $3.24. If the price goes on to break the first support level at $2.82, it is likely to go to the next support level at $2.71. Should the price break the second support level, the third support level stands at $2.61.
Clean Energy Fuels Corp (NASDAQ: CLNE) Key Stats
The company with the Market Capitalisation of 652.41 million has total of 223,427K Shares Outstanding. Its annual sales at the moment are 425,160 K in contrast with the sum of -99,500 K annual income. Company’s last quarter sales were recorded 97,950 K and last quarter income was -16,290 K.
