With 2.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.24 million shares. During the session, the Communication Equipment company that operates in wider Technology sector, reached to the highest price of $1.05 whereas the lowest price it dropped to was $0.74. The 52-week range on CLRO shows that it touched its highest point at $1.70 and its lowest point at $0.46 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 0.74.
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 CLRO was up-trending over the past week, with a rise of 71.90%, but this was up by 103.47% over a month. Three-month performance surged to 60.19% while six-month performance rose 48.76%. The stock gained 32.21% in the past year, while it has gained 27.43% so far this year.
Float and Shares Shorts:
At present, 23.97 million CLRO shares are outstanding with a float of 10.10 million shares on hand for trading. On 2024-10-31, short shares totaled 13424.0, which was 5.9999997 higher than short shares on 1727654400. In addition to Mr. Derek L. Graham as the firm’s Chief Executive Officer, Mr. Simon Brewer CPA serves as its CFO & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.0581 of CLRO’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, CLRO reported revenue of $2504000.0 and operating income of -$2188000.0. The EBITDA in the recently reported quarter was -$1998000.0 and diluted EPS was -$0.09.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
Analysts have provided yearly estimates in a range of $0.92 being high and $0.92 being low. For CLRO, this leads to a yearly average estimate of $0.92.
