With 25.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 29.98 million shares. The 52-week range on CLSK shows that it touched its highest point at $24.72 and its lowest point at $8.04 during that stretch. It currently has a 1-year price target of $23.33. Beta for the stock currently stands at 4.17.
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 down-trending over the past week, with a drop of -13.31%, but this was down by -16.97% over a month. Three-month performance dropped to -30.87% while six-month performance fell -22.98%. The stock lost -48.21% in the past year, while it has gained 0.43% so far this year. A look at the trailing 12-month EPS for CLSK yields 0.15 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.09. This implies an EPS growth rate of 264.86% for this year and -27.96% for next year.
Float and Shares Shorts:
At present, 280.81 million CLSK shares are outstanding with a float of 272.18 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.33609 being high and -$0.55129 being low. For CLSK, this leads to a yearly average estimate of -$0.42404. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.1.
