A new trading day began on Tuesday, with Clean Energy Fuels Corp (NASDAQ: CLNE) stock price down -2.56% from the previous day of trading, before settling in for the closing price of $3.13. CLNE’s price has ranged from $2.17 to $3.67 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 8.84% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 114.32%. With a float of $164.73 million, this company’s outstanding shares have now reached $223.43 million.
In an organization with 566 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 26.28%, while institutional ownership is 50.40%.
Clean Energy Fuels Corp (CLNE) Latest Financial update
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
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 1.65.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.35 million. That was inferior than the volume of 2.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.62%. 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 48.33%, which indicates a significant increase from 6.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.76% in the past 14 days, which was higher than the 54.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.93, while its 200-day Moving Average is $2.84. However, in the short run, Clean Energy Fuels Corp’s stock first resistance to watch stands at $3.13. Second resistance stands at $3.21. The third major resistance level sits at $3.27. If the price goes on to break the first support level at $2.99, it is likely to go to the next support level at $2.93. The third support level lies at $2.85 if the price breaches the second support level.
Clean Energy Fuels Corp (NASDAQ: CLNE) Key Stats
With a market capitalization of 681.54 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.
