Clean Energy Fuels Corp (NASDAQ:CLNE) price on current trading day, rose 16.67% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.54.
A look at the stock’s price movement, the close in the last trading session was $1.32, moving within a range at $1.33 and $1.595. The beta value (5-Year monthly) was 2.49. Turning to its 52-week performance, $3.67 and $1.30 were the 52-week high and 52-week low respectively. Overall, CLNE moved -17.65% over the past month.
Clean Energy Fuels Corp’s market cap currently stands at around $344.35 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-23.
Analysts have a consensus estimate of 96.61M for the company’s revenue for the quarter, with a low and high estimate of 85.87M and 105.1M respectively. The average forecast suggests down to a -6.85% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 412.3M, representing a -0.86% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CLNE is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend CLNE as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Strong Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CLNE’s current price about -5.11% and -31.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.68, while 7-day volatility ratio is 13.44% and 8.15% in the 30-day chart. Further, Clean Energy Fuels Corp (CLNE) has a beta value of 2.44, and an average true range (ATR) of 0.15. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -224.68% off current price level while to achieve the yearly target high, price needs to move -224.68%. Nonetheless, investors will most likely welcome a -224.68% jump to $5 which is the analysts’ median price.
If we refocus on Clean Energy Fuels Corp (NASDAQ:CLNE), historical trading data shows that trading volumes averaged 3.14 over the past 10 days and 2.90 million over the past 3 months. The company’s latest data on shares outstanding shows there are 223.46 million shares.
The 26.49% of Clean Energy Fuels Corp’s shares are in the hands of company insiders while institutional holders own 50.34% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.59 million on 2025-03-14, giving us a short ratio of 2.86. The data shows that as of 2025-03-14 short interest in Clean Energy Fuels Corp (CLNE) stood at 565.9999700000001 of shares outstanding, with shares short falling to 9.69 million registered in 2025-02-14. Current price change has pushed the stock -38.65% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CLNE stock continues to rise going into the next quarter.
