Clene Inc (NASDAQ:CLNN): Buy, Sell Or Hold At $0.43?

In last trading session, Clene Inc (NASDAQ:CLNN) saw 0.31 million shares changing hands with its beta currently measuring 0.49. Company’s recent per share price level of $0.43 trading at -$0.01 or -0.41% at ring of the bell on the day assigns it a market valuation of $55.85M. That closing price of CLNN’s stock is at a discount of -153.49% from its 52-week high price of $1.09 and is indicating a premium of 41.86% from its 52-week low price of $0.25. Taking a look at company’s average trading volume volume of 951.32K if we extend that period to 3-months.

Clene Inc (NASDAQ:CLNN) trade information

Upright in the red during last session for losing -0.41%, in the last five days CLNN remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $0.43 price level, adding 2.21% to its value on the day. Clene Inc’s shares saw a change of 46.63% in year-to-date performance and have moved 27.95% in past 5-day. Clene Inc (NASDAQ:CLNN) showed a performance of 2.93% in past 30-days.

Clene Inc (CLNN) estimates and forecasts

Statistics highlight that Clene Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 15.11% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is 12.80. This year revenue growth is estimated to fall -32.70% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 120k for the same. And 5 analysts are in estimates of company making revenue of 120k in the next quarter. Company posted 107k and 269k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -18.22% during past 5 years.

CLNN Dividends

Clene Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.