CleanSpark Inc. (NASDAQ:CLSK) went up by 1.61% from its latest closing price compared to the recent 1-year high of $15.14. The company’s stock price has collected 7.49% of gains in the last five trading sessions. Press Release reported on 10/01/20 that CleanSpark Highlights Advantages of Federal Energy Regulation Commission Ruling
Is It Worth Investing in CleanSpark Inc. (NASDAQ :CLSK) Right Now?
Plus, the 36-month beta value for CLSK is at 3.08. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for CleanSpark Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $18.00. CLSK currently public float of 16.17M and currently shorts hold a 13.55% ratio of that float. Today, the average trading volume of CLSK was 5.06M shares.
CLSK’s Market Performance
CLSK stocks went up by 7.49% for the week, with a monthly jump of 32.53% and a quarterly performance of 321.00%, while its annual performance rate touched 54.08%. The volatility ratio for the week stands at 10.31% while the volatility levels for the past 30 days are set at 14.52% for CleanSpark Inc.. The simple moving average for the period of the last 20 days is 15.21% for CLSK stocks with a simple moving average of 167.99% for the last 200 days.
CLSK Trading at 26.14% from the 50-Day Moving Average
After a stumble in the market that brought CLSK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.58% of loss for the given period.
Volatility was left at 14.52%, however, over the last 30 days, the volatility rate increased by 10.31%, as shares surge +48.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +159.34% upper at present.
During the last 5 trading sessions, CLSK rose by +7.49%, which changed the moving average for the period of 200-days by +115.90% in comparison to the 20-day moving average, which settled at $11.17. In addition, CleanSpark Inc. saw 136.07% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CLSK
Current profitability levels for the company are sitting at:
- -213.97 for the present operating margin
- -87.19 for the gross margin
The net margin for CleanSpark Inc. stands at -576.18. The total capital return value is set at -49.59, while invested capital returns managed to touch -136.96. Equity return is now at value -168.30, with -125.40 for asset returns.
Based on CleanSpark Inc. (CLSK), the company’s capital structure generated 16.49 points at debt to equity in total, while total debt to capital is 14.15. Total debt to assets is 13.29, with long-term debt to equity ratio resting at 16.13. Finally, the long-term debt to capital ratio is 13.85.
When we switch over and look at the enterrpise to sales, we see a ratio of 6.79, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 9.84 and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.58.