Clean Energy Fuels Corp (NASDAQ:CLNE) price closed higher on Friday, April 12, jumping 2.52% above its previous close.
A look at the daily price movement shows that the last close reads $2.38. The company’s 5Y monthly beta was ticking 2.07. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.25 and 52-week low of $2.32. The stock subtracted -5.43% on its value in the past month.
Clean Energy Fuels Corp, which has a market valuation of $544.71 million, is expected to release its quarterly earnings report May 09, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CLNE a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that CLNE’s price is at present -3.29% off the SMA20 and -11.34% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 41.93, with weekly volatility standing at 5.46%. The indicator jumps to 5.10% when calculated based on the past 30 days. Clean Energy Fuels Corp (NASDAQ:CLNE)’s beta value is holding at 2.08, while the average true range (ATR) indicator is currently reading 0.14. An analysis of the Clean Energy Fuels Corp (NASDAQ:CLNE) stock in terms of its daily trading volume indicates that the 3-month average is 1.70 million.
Current records show that the company has 223.03M in outstanding shares. The insiders’ percentage holdings are 26.06% of outstanding shares while the percentage share held by institutions stands at 49.22%. But the -36.29% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
