Cleanspark Inc (NASDAQ: CLSK) has a higher price-to-earnings ratio of 61.79x compared to its average ratio, The 36-month beta value for CLSK is at 4.17. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CLSK is 272.18M, and currently, shorts hold a 27.32% of that float. The average trading volume for CLSK on February 24, 2025 was 29.98M shares.
CLSK) stock’s latest price update
Cleanspark Inc (NASDAQ: CLSK)’s stock price has plunge by -8.05relation to previous closing price of 10.06. Nevertheless, the company has seen a -13.31% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-17 that CleanSpark, a bitcoin mining company with a $2.95 billion market cap, transitioned from clean energy to bitcoin mining in December 2020. As of January, CleanSpark owns 10,556 bitcoins and has 873 MW under contract, showcasing strong growth since 2020. CleanSpark leads in several financial metrics which make it an attractive investment among peers.
CLSK’s Market Performance
Cleanspark Inc (CLSK) has experienced a -13.31% fall in stock performance for the past week, with a -16.97% drop in the past month, and a -30.87% drop in the past quarter. The volatility ratio for the week is 6.15%, and the volatility levels for the past 30 days are at 7.50% for CLSK. The simple moving average for the last 20 days is -11.67% for CLSK stock, with a simple moving average of -28.64% 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 -14.66% 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 -62.58% of loss for the given period.
Volatility was left at 7.50%, however, over the last 30 days, the volatility rate increased by 6.15%, as shares sank -18.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.21% lower at present.
During the last 5 trading sessions, CLSK fell by -13.31%, which changed the moving average for the period of 200-days by -41.97% in comparison to the 20-day moving average, which settled at $10.47. In addition, Cleanspark Inc saw 0.43% 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 239 shares at the price of $10.64 back on Feb 14 ’25. After this action, Monnig Taylor now owns 201,281 shares of Cleanspark Inc, valued at $2,543 using the latest closing price.
Schultz S. Matthew, the Executive Chairman of Cleanspark Inc, sale 9,010 shares at $10.64 during a trade that took place back on Feb 14 ’25, which means that Schultz S. Matthew is holding 2,450,010 shares at $95,861 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 4.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.67.
Conclusion
In conclusion, Cleanspark Inc (CLSK) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
