The Clean Energy Fuels Corp. (NASDAQ:CLNE) is going up by 7.04% in today’s trading session, a rise equivalent to 0.15% of the stock’s price from yesterday’s market close. A news came out on 09/11/19 stating that Clean Energy Mourns the Loss of Co-Founder T. Boone Pickens by WSJ. The lowest point that the shares touched during the trading session was $2.10, while the peak of the day was recorded at a share price of $2.20. CLNE finished the previous session at $2.13 according to the data provided by Barchart, while the trading volume was observed to be $843,156.
In the 100 days of trading, CLNE managed to top a 2.56% Moving average. Additionally, Clean Energy Fuels Corp. shares have achieved a 52-week range between 1.61 and 3.47 alongside 100 days raw stochastic set at 28.22%.
The number of shares outstanding, according to the fundamentals of the company, is set at 203.76M, equal to the value of $434.01M in market capitalization. In the last 30 days, Clean Energy Fuels Corp. shares went down by -2.99%, adding 2.34 to growth in value, on top of a +18.85% boost since 08/16/19.
Clean Energy Fuels Corp. (NASDAQ:CLNE) Analyst’s Estimates
Clean Energy Fuels Corp. (CLNE) could record at least -$0.02 per share in quarterly earnings in the upcoming report on 11/11/2019, a number that would actually represent an increase of 100.00% YOY.
According to the average analyst rating, Clean Energy Fuels Corp. would be rated as Overweight. Out of 3 different analysts monitoring CLNE stock, 2 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 0 indicate that CLNE is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Jul-05-18, the stock earned a Downgrade rating due to a new analyst call from Raymond James, while analysts from Raymond James believe that the stock is set at Mkt Perform from Underperform, as concluded on Jan-05-16. Northland Capital, is still rather wary about the stock, deciding to keep the rating at Market Perform as confirmed through a call on Oct-24-14.
Regardless of the rating, MLV & Co did increase their price to $8 as they are considering target share price analysis. Northland Capital, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jun-11-13, giving the stock a Market Perform rating.
CLNE Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +23.57% has been attained, while the operating margin has been recorded at +2.35%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -0.51%. Beta value of the stock is recorded at 1.93. Additionally, Clean Energy Fuels Corp. is recording price volatility of 5.40% for the period of the last seven days and 4.36% in the last 30 days.
Clean Energy Fuels Corp. (NASDAQ:CLNE) Technical Outlook
For the period of the last 50 days, Clean Energy Fuels Corp. had its Raw Stochastic average set at 42.41% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 83.72%. Stochastic %K for Clean Energy Fuels Corp., with the last 20 days included, was set at 72.17%, having Stochastic %D topping 75.15%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Clean Energy Fuels Corp. stocks with recording 23.84% in metrics.
Clean Energy Fuels Corp. Insider Watch:
As far as the position of shares issued by Clean Energy Fuels Corp. (NASDAQ:CLNE) for the period concluded at the market close of 09/13/19, 64 institutional investors increased their positions in CLNE shares by 7,607,573, 60 decreased positions by 3,364,160 and 35 institutional investors decided to hold positions at 51,445,600. These numbers put the complete list of institutional holdings set at 62,417,333 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 21 institutional investments with 3,100,026 new shares in addition to having 21 institutional investors selling their positions in 815,710 shares.