ClearSign Technologies Corp (NASDAQ: CLIR) kicked off on Monday, up 23.53% from the previous trading day, before settling in for the closing price of $0.86. Over the past 52 weeks, CLIR has traded in a range of $0.46-$1.72.
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 19.36%. While this was happening, its average annual earnings per share was recorded -27.27%. With a float of $40.81 million, this company’s outstanding shares have now reached $52.43 million.
ClearSign Technologies Corp (CLIR) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of ClearSign Technologies Corp is 22.15%, while institutional ownership is 8.65%.
ClearSign Technologies Corp (CLIR) Latest Financial update
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 -27.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.29% during the next five years compared to 19.36% growth over the previous five years of trading.
ClearSign Technologies Corp (NASDAQ: CLIR) Trading Performance Indicators
Take a look at ClearSign Technologies Corp’s (CLIR) current performance indicators. Last quarter, stock had a quick ratio of 3.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of ClearSign Technologies Corp (CLIR)
The latest stats from [ClearSign Technologies Corp, CLIR] show that its last 5-days average volume of 0.4 million was superior to 0.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.45%.
During the past 100 days, ClearSign Technologies Corp’s (CLIR) raw stochastic average was set at 90.91%, which indicates a significant increase from 90.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1331 in the past 14 days, which was higher than the 0.0633 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6236, while its 200-day Moving Average is $0.7512. Now, the first resistance to watch is $1.1600. This is followed by the second major resistance level at $1.2600. The third major resistance level sits at $1.4000. If the price goes on to break the first support level at $0.9200, it is likely to go to the next support level at $0.7800. The third support level lies at $0.6800 if the price breaches the second support level.
ClearSign Technologies Corp (NASDAQ: CLIR) Key Stats
The company with the Market Capitalisation of 55.58 million has total of 52,426K Shares Outstanding. Its annual sales at the moment are 3,600 K in contrast with the sum of -5,300 K annual income. Company’s last quarter sales were recorded 130 K and last quarter income was -1,680 K.
