Clean Energy Fuels Corp (CLNE) is gearing up for another turning point as it hit the volume of 3.6 million

Clean Energy Fuels Corp (NASDAQ: CLNE) on Monday, soared 4.88% from the previous trading day, before settling in for the closing price of $2.87. Within the past 52 weeks, CLNE’s price has moved between $2.17 and $3.70.

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During the last 5-year period, the sales growth of Energy Sector giant was 8.84%. The company achieved an average annual earnings per share of 104.60%. With a float of $164.77 million, this company’s outstanding shares have now reached $223.43 million.

Let’s determine the extent of company efficiency that accounts for 566 employees. In terms of profitability, gross margin is 18.6%, operating margin of -7.73%, and the pretax margin is -17.46%.

Clean Energy Fuels Corp (CLNE) Insider Activity

Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of Clean Energy Fuels Corp is 26.27%, while institutional ownership is 50.63%.

Clean Energy Fuels Corp (CLNE) Earnings and Forecasts

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

Clean Energy Fuels Corp (CLNE) is currently performing well based on its current performance indicators. A quick ratio of 2.74 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63.

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 -0.08 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 3.23 million, which is a drop from its year-to-date volume of 3.84 million. As of the previous 9 days, the stock’s Stochastic %D was 84.05%. Additionally, its Average True Range was 0.16.

During the past 100 days, Clean Energy Fuels Corp’s (CLNE) raw stochastic average was set at 60.01%, which indicates a significant decrease from 91.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.21% in the past 14 days, which was higher than the 51.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.81, while its 200-day Moving Average is $2.75. However, in the short run, Clean Energy Fuels Corp’s stock first resistance to watch stands at $3.09. Second resistance stands at $3.16. The third major resistance level sits at $3.27. If the price goes on to break the first support level at $2.91, it is likely to go to the next support level at $2.80. Should the price break the second support level, the third support level stands at $2.73.

Clean Energy Fuels Corp (NASDAQ: CLNE) Key Stats

Market capitalization of the company is 672.60 million based on 223,457K outstanding shares. Right now, sales total 425,160 K and income totals -99,500 K. The company made 104,880 K in profit during its latest quarter, and -18,180 K in sales during its previous quarter.