A new trading day began on Monday, with Cleanspark Inc (NASDAQ: CLSK) stock price down -4.63% from the previous day of trading, before settling in for the closing price of $14.03. CLSK’s price has ranged from $3.75 to $24.72 over the past 52 weeks.
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Annual sales at Financial sector company grew by 168.95% over the past five years. Meanwhile, its annual earnings per share averaged -395.62%. With a float of $249.36 million, this company’s outstanding shares have now reached $258.17 million.
Let’s look at the performance matrix of the company that is accounted for 131 employees. In terms of profitability, gross margin is 35.37%, operating margin of -79.13%, and the pretax margin is -43.53%.
Cleanspark Inc (CLSK) Insider Updates
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 3.41%, while institutional ownership is 42.26%. The most recent insider transaction that took place on Oct 25 ’24, was worth 16,038. In this transaction Chief Technology Officer of this company sold 1,350 shares at a rate of $11.88, taking the stock ownership to the 204,220 shares. Before that another transaction happened on Oct 25 ’24, when Company’s Officer proposed sale 1,350 for $11.88, making the entire transaction worth $16,039.
Cleanspark Inc (CLSK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -395.62% 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 10.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach 0.02 in one year’s time.
Technical Analysis of Cleanspark Inc (CLSK)
Cleanspark Inc (NASDAQ: CLSK) saw its 5-day average volume 40.33 million, a positive change from its year-to-date volume of 30.6 million. As of the previous 9 days, the stock’s Stochastic %D was 48.89%. Additionally, its Average True Range was 1.46.
During the past 100 days, Cleanspark Inc’s (CLSK) raw stochastic average was set at 42.89%, which indicates a significant decrease from 44.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 176.08% in the past 14 days, which was higher than the 108.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.89, while its 200-day Moving Average is $14.63. Nevertheless, the first resistance level for the watch stands at $14.20 in the near term. At $15.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.47. If the price goes on to break the first support level at $12.93, it is likely to go to the next support level at $12.48. Assuming the price breaks the second support level, the third support level stands at $11.66.
Cleanspark Inc (NASDAQ: CLSK) Key Stats
With a market capitalization of 3.47 billion, the company has a total of 253,136K 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.
