Cleanspark Inc (CLSK) Performance and Fundamentals Dashboard tells a completely different story

With 30.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 26.28 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $14.43 whereas the lowest price it dropped to was $13.1. The 52-week range on CLSK shows that it touched its highest point at $24.72 and its lowest point at $3.75 during that stretch. It currently has a 1-year price target of $22.81. Beta for the stock currently stands at 4.17.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CLSK was up-trending over the past week, with a rise of 3.39%, but this was up by 18.50% over a month. Three-month performance surged to 18.50% while six-month performance fell -14.81%. The stock gained 264.42% in the past year, while it has gained 27.20% so far this year. A look at the trailing 12-month EPS for CLSK yields -0.78 with Next year EPS estimates of 1.13. For the next quarter, that number is -0.18. This implies an EPS growth rate of -395.62% for this year and 330.19% for next year.

Float and Shares Shorts:

At present, 258.17 million CLSK shares are outstanding with a float of 249.32 million shares on hand for trading. On 2024-10-31, short shares totaled 55.38 million, which was 2145.0001 higher than short shares on 1727654400. In addition to Mr. S. Matthew Schultz as the firm’s Executive Chairman, Mr. Gary A. Vecchiarelli CPA serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.43682 of CLSK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CLSK reported revenue of $104108000.0 and operating income of -$11552000.0. The EBITDA in the recently reported quarter was $31813000.0 and diluted EPS was -$1.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CLSK since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CLSK analysts setting a high price target of 30.0 and a low target of 10.5, the average target price over the next 12 months is 22.08333. Based on these targets, CLSK could surge 113.83% to reach the target high and fall by -25.16% to reach the target low. Reaching the average price target will result in a growth of 57.4% from current levels.

Analysts have provided yearly estimates in a range of -$0.37958 being high and -$0.65336 being low. For CLSK, this leads to a yearly average estimate of -$0.49118. The surprise factor in the prior quarter was $0.09. Based on analyst estimates, the high estimate for the next quarter is -$0.11 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.11.