With 2.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.38 million shares. The 52-week range on CLNE shows that it touched its highest point at $3.67 and its lowest point at $2.17 during that stretch. It currently has a 1-year price target of $5.10. Beta for the stock currently stands at 2.30.
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 CLNE was down-trending over the past week, with a drop of -13.42%, but this was down by -9.06% over a month. Three-month performance surged to 2.65% while six-month performance fell -15.05%. The stock lost -12.86% in the past year, while it has gained 7.97% so far this year. A look at the trailing 12-month EPS for CLNE yields -0.32 with Next year EPS estimates of 0.08. For the next quarter, that number is -0.02. This implies an EPS growth rate of -133.62% for this year and 846.57% for next year. EPS is expected to grow by 85.11% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -84.29%.
Float and Shares Shorts:
At present, 223.43 million CLNE shares are outstanding with a float of 164.77 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 CLNE since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 $0.03067857 being high and -$0.00245429 being low. For CLNE, this leads to a yearly average estimate of $0.00859. Based on analyst estimates, the high estimate for the next quarter is $0.02 and the low estimate is -$0.03. The average estimate for the next quarter is thus -$0.01.
