A new trading day began on Monday, with Cleanspark Inc (NASDAQ: CLSK) stock price down -7.90% from the previous day of trading, before settling in for the closing price of $11.14. CLSK’s price has ranged from $6.41 to $24.72 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 160.17% over the last five years. Meanwhile, its annual earnings per share averaged 145.03%. With a float of $282.78 million, this company’s outstanding shares have now reached $292.56 million.
The firm has a total of 270 workers. Let’s measure their productivity. 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 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 3.34%, 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 145.03% 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 8.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.74 in one year’s time.
Technical Analysis of Cleanspark Inc (CLSK)
Analysing the last 5-days average volume posted by the [Cleanspark Inc, CLSK], we can find that recorded value of 37.32 million was better than the volume posted last year of 31.74 million. As of the previous 9 days, the stock’s Stochastic %D was 8.77%. Additionally, its Average True Range was 1.41.
During the past 100 days, Cleanspark Inc’s (CLSK) raw stochastic average was set at 22.36%, which indicates a significant increase from 2.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.14% in the past 14 days, which was lower than the 110.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.82, while its 200-day Moving Average is $14.37. Now, the first resistance to watch is $10.95. This is followed by the second major resistance level at $11.63. The third major resistance level sits at $12.05. If the price goes on to break the first support level at $9.84, it is likely to go to the next support level at $9.42. Should the price break the second support level, the third support level stands at $8.74.
Cleanspark Inc (NASDAQ: CLSK) Key Stats
With a market capitalization of 3.06 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.
