A new trading day began on Monday, with Clean Energy Fuels Corp (NASDAQ: CLNE) stock price up 4.32% from the previous day of trading, before settling in for the closing price of $2.78. CLNE’s price has ranged from $2.17 to $4.12 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 7.32%. Meanwhile, its annual earnings per share averaged 104.60%. With a float of $164.75 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 21.36%, operating margin of -7.73%, and the pretax margin is -17.46%.
Clean Energy Fuels Corp (CLNE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing 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 50.56%.
Clean Energy Fuels Corp (CLNE) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.01 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 104.60% per share during the next fiscal year.
Clean Energy Fuels Corp (NASDAQ: CLNE) Trading Performance Indicators
Here are Clean Energy Fuels Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach -0.11 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 1.82 million, which is a jump from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 48.37%. Additionally, its Average True Range was 0.17.
During the past 100 days, Clean Energy Fuels Corp’s (CLNE) raw stochastic average was set at 59.49%, which indicates a significant increase from 47.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.43% in the past 14 days, which was lower than the 64.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.94, while its 200-day Moving Average is $2.76. However, in the short run, Clean Energy Fuels Corp’s stock first resistance to watch stands at $3.00. Second resistance stands at $3.11. The third major resistance level sits at $3.23. If the price goes on to break the first support level at $2.77, it is likely to go to the next support level at $2.65. Should the price break the second support level, the third support level stands at $2.54.
Clean Energy Fuels Corp (NASDAQ: CLNE) Key Stats
With a market capitalization of 664.76 million, the company has a total of 223,457K Shares Outstanding. Currently, annual sales are 425,160 K while annual income is -99,500 K. The company’s previous quarter sales were 104,880 K while its latest quarter income was -18,180 K.
