The stock price of ClearOne Inc (NASDAQ: CLRO) has dropped by -11.14 compared to previous close of 0.77. Despite this, the company has seen a fall of -37.88% in its stock price over the last five trading days. businesswire.com reported 2024-11-15 that SALT LAKE CITY–(BUSINESS WIRE)–ClearOne, Inc. Reports Third Quarter 2024 Financial Results.
Is It Worth Investing in ClearOne Inc (NASDAQ: CLRO) Right Now?
The stock has a 36-month beta value of 0.76. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CLRO is 10.10M, and at present, short sellers hold a 0.32% of that float. On January 15, 2025, the average trading volume of CLRO was 436.70K shares.
CLRO’s Market Performance
CLRO’s stock has seen a -37.88% decrease for the week, with a 17.41% rise in the past month and a 16.80% gain in the past quarter. The volatility ratio for the week is 18.77%, and the volatility levels for the past 30 days are at 17.77% for ClearOne Inc The simple moving average for the past 20 days is -6.12% for CLRO’s stock, with a -2.65% simple moving average for the past 200 days.
Analysts’ Opinion of CLRO
Many brokerage firms have already submitted their reports for CLRO stocks, with Singular Research repeating the rating for CLRO by listing it as a “BUY – Long-Term.” The predicted price for CLRO in the upcoming period, according to Singular Research is $6 based on the research report published on August 16, 2018 of the previous year 2018.
CLRO Trading at 11.32% from the 50-Day Moving Average
After a stumble in the market that brought CLRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.81% of loss for the given period.
Volatility was left at 17.77%, however, over the last 30 days, the volatility rate increased by 18.77%, as shares surge +20.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.88% upper at present.
During the last 5 trading sessions, CLRO fell by -37.88%, which changed the moving average for the period of 200-days by -64.78% in comparison to the 20-day moving average, which settled at $0.7279. In addition, ClearOne Inc saw -12.67% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CLRO
Current profitability levels for the company are sitting at:
- -0.71 for the present operating margin
- 0.26 for the gross margin
The net margin for ClearOne Inc stands at -0.33. The total capital return value is set at -0.36. Equity return is now at value -12.63, with -10.68 for asset returns.
Based on ClearOne Inc (CLRO), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -2.31. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -131.31.
Currently, EBITDA for the company is 1.56 million with net debt to EBITDA at 0.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 6.74for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.92.
Conclusion
To sum up, ClearOne Inc (CLRO) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
