Clean Energy Fuels Corp (NASDAQ:CLNE) price on Thursday, May 01, rose 2.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.48.
A look at the stock’s price movement, the close in the last trading session was $1.45, moving within a range at $1.44 and $1.51. 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 -3.90% over the past month.
Clean Energy Fuels Corp’s market cap currently stands at around $331.47 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-23.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CLNE is a 50% 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 3.39% and -13.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.50, while 7-day volatility ratio is 4.71% and 8.02% in the 30-day chart. Further, Clean Energy Fuels Corp (CLNE) has a beta value of 2.58, and an average true range (ATR) of 0.11. Analysts have given the company’s stock an average 52-week price target of $2, forecast between a low of $2 and high of $2. Looking at the price targets, the low is -35.14% off current price level while to achieve the yearly target high, price needs to move -35.14%. Nonetheless, investors will most likely welcome a -35.14% jump to $2 which is the analysts’ median price.
If we refocus on Clean Energy Fuels Corp (NASDAQ:CLNE), historical trading data shows that trading volumes averaged 1.63 over the past 10 days and 2.76 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 50.25% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.36 million on 2025-04-15, giving us a short ratio of 4.09. The data shows that as of 2025-04-15 short interest in Clean Energy Fuels Corp (CLNE) stood at 678.0 of shares outstanding, with shares short rising to 9.59 million registered in 2025-03-14. Current price change has pushed the stock -41.04% 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.
