A new trading day began on Friday, with Cleanspark Inc (NASDAQ: CLSK) stock price down -2.51% from the previous day of trading, before settling in for the closing price of $12.33. CLSK’s price has ranged from $6.41 to $24.72 over the past 52 weeks.
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Annual sales at Financial sector company grew by 160.17% over the past five years. Meanwhile, its annual earnings per share averaged 136.11%. With a float of $282.78 million, this company’s outstanding shares have now reached $292.56 million.
Let’s look at the performance matrix of the company that is accounted for 270 employees. In terms of profitability, gross margin is 32.32%, operating margin of -70.37%, and the pretax margin is -37.58%.
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 3.34%, while institutional ownership is 37.40%. The most recent insider transaction that took place on Nov 29 ’24, was worth 19,372. In this transaction Chief Technology Officer of this company sold 1,350 shares at a rate of $14.35, taking the stock ownership to the 202,870 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Officer proposed sale 1,350 for $14.35, making the entire transaction worth $19,372.
Cleanspark Inc (CLSK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 136.11% 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 3.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.12 in one year’s time.
Technical Analysis of Cleanspark Inc (CLSK)
Cleanspark Inc (NASDAQ: CLSK) saw its 5-day average volume 42.16 million, a positive change from its year-to-date volume of 31.55 million. As of the previous 9 days, the stock’s Stochastic %D was 6.82%. Additionally, its Average True Range was 1.48.
During the past 100 days, Cleanspark Inc’s (CLSK) raw stochastic average was set at 39.76%, which indicates a significant increase from 9.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.25% in the past 14 days, which was lower than the 109.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.53, while its 200-day Moving Average is $14.53. Nevertheless, the first resistance level for the watch stands at $12.45 in the near term. At $12.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.31. If the price goes on to break the first support level at $11.59, it is likely to go to the next support level at $11.15. Assuming the price breaks the second support level, the third support level stands at $10.73.
Cleanspark Inc (NASDAQ: CLSK) Key Stats
With a market capitalization of 3.43 billion, the company has a total of 292,562K Shares Outstanding. Currently, annual sales are 378,970 K while annual income is -145,780 K. The company’s previous quarter sales were 89,270 K while its latest quarter income was -62,180 K.
