Clean Energy Fuels Corp (CLNE) average volume reaches $2.38M: Is Wall Street expecting a rally?

On Friday, Clean Energy Fuels Corp (NASDAQ: CLNE) opened lower -0.87% from the last session, before settling in for the closing price of $3.44. Price fluctuations for CLNE have ranged from $2.17 to $3.67 over the past 52 weeks.

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Energy Sector giant saw their annual sales surged by 8.84% over the last five years. Company’s average yearly earnings per share was noted 114.32% at the time writing. With a float of $164.70 million, this company’s outstanding shares have now reached $223.43 million.

The firm has a total of 566 workers. Let’s measure their productivity. 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

A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of Clean Energy Fuels Corp is 26.27%, while institutional ownership is 51.68%.

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 114.32% per share during the next fiscal year.

Clean Energy Fuels Corp (NASDAQ: CLNE) Trading Performance Indicators

Check out the current performance indicators for Clean Energy Fuels Corp (CLNE). In the past quarter, the stock posted a quick ratio of 2.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85.

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 -0.07 in one year’s time.

Technical Analysis of Clean Energy Fuels Corp (CLNE)

Analysing the last 5-days average volume posted by the [Clean Energy Fuels Corp, CLNE], we can find that recorded value of 2.88 million was better than the volume posted last year of 2.84 million. As of the previous 9 days, the stock’s Stochastic %D was 69.78%. Additionally, its Average True Range was 0.19.

During the past 100 days, Clean Energy Fuels Corp’s (CLNE) raw stochastic average was set at 78.33%, which indicates a significant increase from 69.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.95% in the past 14 days, which was higher than the 54.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.91, while its 200-day Moving Average is $2.82. Now, the first resistance to watch is $3.46. This is followed by the second major resistance level at $3.52. The third major resistance level sits at $3.56. If the price goes on to break the first support level at $3.37, it is likely to go to the next support level at $3.33. Should the price break the second support level, the third support level stands at $3.27.

Clean Energy Fuels Corp (NASDAQ: CLNE) Key Stats

There are currently 223,457K shares outstanding in the company with a market cap of 761.99 million. Presently, the company’s annual sales total 425,160 K according to its annual income of -99,500 K. Last quarter, the company’s sales amounted to 104,880 K and its income totaled -18,180 K.