Clean Energy Fuels Corp (NASDAQ:CLNE) has a beta value of 2.10 and has seen 2.19 million shares traded in the recent trading session. The company, currently valued at $726.15M, closed the recent trade at $3.25 per share which meant it gained $0.43 on the day or 15.25% during that session. The CLNE stock price is -51.69% off its 52-week high price of $4.93 and 33.23% above the 52-week low of $2.17. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.89 million shares traded. The 3-month trading volume is 1.75 million shares.
The consensus among analysts is that Clean Energy Fuels Corp (CLNE) is Strong Buy stock at the moment, with a recommendation rating of 1.22. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.03.
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Clean Energy Fuels Corp (NASDAQ:CLNE) trade information
Sporting 15.25% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CLNE stock price touched $3.25 or saw a fall of -0.62%. Year-to-date, Clean Energy Fuels Corp shares have moved -15.14%, while the 5-day performance has seen it change 31.31%. Over the past 30 days, the shares of Clean Energy Fuels Corp (NASDAQ:CLNE) have changed 22.18%. Short interest in the company has seen 12.72 million shares shorted with days to cover at 7.65.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 35.0% from the levels at last check today. The projected low price target is $5.0 while the price target rests at a high of $5.0. In that case, then, we find that the latest price level in today’s session is -53.85% off the targeted high while a plunge would see the stock gain -53.85% from the levels at last check today.
Clean Energy Fuels Corp (CLNE) estimates and forecasts
Figures show that Clean Energy Fuels Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 5.18% over the past 6 months, with this year growth rate of -100.00%, compared to -0.10% for the industry. Revenue growth from the last financial year stood is estimated to be -4.50%.
6 analysts offering their estimates for the company have set an average revenue estimate of 99.2M for the current quarter. 6 have an estimated revenue figure of 102.31M for the next ending quarter. Year-ago sales stood 95.57M and 106.86M respectively for this quarter and the next, and analysts expect sales will grow by 3.80% for the current quarter and -4.50% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -84.29% over the past 5 years.
Clean Energy Fuels Corp (NASDAQ:CLNE)’s Major holders
Insiders own 20.89% of the company shares, while shares held by institutions stand at 51.69% with a share float percentage of 65.34%. Investors are also buoyed by the number of investors in a company, with Clean Energy Fuels Corp having a total of 284.0 institutions that hold shares in the company. The top two institutional holders are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with over 17.52 million shares worth more than $46.94 million. As of 2024-03-31, GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC held 7.854% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 14.5 million shares as of 2024-03-31. The firm’s total holdings are worth over $38.87 million and represent 6.5037% of shares outstanding.
