An Analysis Of Cleanspark Inc (NASDAQ: CLSK), And Its Business Forecast

In today’s recent session, 18.27 million shares of the Cleanspark Inc (NASDAQ:CLSK) have been traded, and its beta is 4.13. Most recently the company’s share price was $15.82, and it changed around $0.46 or 3.03% from the last close, which brings the market valuation of the company to $3.61B. CLSK at last check was trading at a discount to its 52-week high of $24.72, offering almost -56.26% off that amount. The share price’s 52-week low was $3.38, which indicates that the recent value has risen by an impressive 78.63% since then. We note from Cleanspark Inc’s average daily trading volume that its 3-month average coming to 35.80 million.

Cleanspark Inc (NASDAQ:CLSK) trade information

Instantly CLSK has been showing a green trend so far today with a performance of 3.03% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 43.47% year-to-date, but still down -3.33% over the last five days. On the other hand, Cleanspark Inc (NASDAQ:CLSK) is 9.29% up in the 30-day period.

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The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to decrease their stock price by -13.0% 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 315.35 percent over the past six months and at a 140.31% annual growth rate that is well above the industry average of 9.20%.

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