The stock price of Cleanspark Inc (NASDAQ: CLSK) has surged by 1.26 when compared to previous closing price of 10.67, but the company has seen a -4.64% decline in its stock price over the last five trading sessions. zacks.com reported 2025-02-13 that CleanSpark (CLSK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Cleanspark Inc (NASDAQ: CLSK) Right Now?
Cleanspark Inc (NASDAQ: CLSK) has a higher price-to-earnings ratio of 72.18x compared to its average ratio. CLSK has 36-month beta value of 4.17. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CLSK is 272.15M, and currently, short sellers hold a 27.32% ratio of that float. The average trading volume of CLSK on February 14, 2025 was 31.29M shares.
CLSK’s Market Performance
CLSK’s stock has seen a -4.64% decrease for the week, with a -3.53% drop in the past month and a -38.71% fall in the past quarter. The volatility ratio for the week is 7.01%, and the volatility levels for the past 30 days are at 7.85% for Cleanspark Inc The simple moving average for the last 20 days is 0.12% for CLSK stock, with a simple moving average of -17.50% for the last 200 days.
Analysts’ Opinion of CLSK
Many brokerage firms have already submitted their reports for CLSK stocks, with Needham repeating the rating for CLSK by listing it as a “Buy.” The predicted price for CLSK in the upcoming period, according to Needham is $20 based on the research report published on February 12, 2025 of the current year 2025.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see CLSK reach a price target of $19. The rating they have provided for CLSK stocks is “Outperform” according to the report published on January 27th, 2025.
JP Morgan gave a rating of “Overweight” to CLSK, setting the target price at $17 in the report published on December 10th of the previous year.
CLSK Trading at -3.62% 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 -56.29% of loss for the given period.
Volatility was left at 7.85%, however, over the last 30 days, the volatility rate increased by 7.01%, as shares sank -3.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.81% lower at present.
During the last 5 trading sessions, CLSK fell by -4.92%, which changed the moving average for the period of 200-days by -43.98% in comparison to the 20-day moving average, which settled at $10.79. In addition, Cleanspark Inc saw 17.32% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CLSK starting from Monnig Taylor, who sale 1,350 shares at the price of $10.40 back on Dec 27 ’24. After this action, Monnig Taylor now owns 201,520 shares of Cleanspark Inc, valued at $14,040 using the latest closing price.
Monnig Taylor, the Officer of Cleanspark Inc, proposed sale 1,350 shares at $10.40 during a trade that took place back on Dec 27 ’24, which means that Monnig Taylor is holding shares at $14,040 based on the most recent closing price.
Stock Fundamentals for CLSK
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.32 for the gross margin
The net margin for Cleanspark Inc stands at 0.16. The total capital return value is set at -0.03. Equity return is now at value 5.30, with 4.12 for asset returns.
Based on Cleanspark Inc (CLSK), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -27.9. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -24.58.
Currently, EBITDA for the company is 6.3 million with net debt to EBITDA at -0.96. When we switch over and look at the enterprise to sales, we see a ratio of 5.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.67.
Conclusion
To put it simply, Cleanspark Inc (CLSK) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
