Cleanspark Inc (NASDAQ: CLSK) Shares Might Go Up 285.65% This Year

In the last trading session, 44.59 million shares of the Cleanspark Inc (NASDAQ:CLSK) were traded, and its beta was 4.09. Most recently the company’s share price was $17.20, and it changed around $0.97 or 5.98% from the last close, which brings the market valuation of the company to $3.88B. CLSK currently trades at a discount to its 52-week high of $24.72, offering almost -43.72% off that amount. The share price’s 52-week low was $3.33, which indicates that the current value has risen by an impressive 80.64% since then. We note from Cleanspark Inc’s average daily trading volume that its 3-month average coming to 36.62 million.

Cleanspark Inc (NASDAQ:CLSK) trade information

Instantly CLSK has showed a green trend with a performance of 5.98% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 55.94% year-to-date, but still up 15.82% over the last five days. On the other hand, Cleanspark Inc (NASDAQ:CLSK) is -15.06% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to decrease their stock price by -22.86% from its current value. Analyst projections state that CLSK is forecast to be at a low of $6 and a high of $22.

Cleanspark Inc (CLSK) estimates and forecasts

Cleanspark Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 330.00 percent over the past six months and at a 89.15% annual growth rate that is well above the industry average of 10.60%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 37.20%.