In last trading session, Clean Energy Fuels Corp (NASDAQ:CLNE) saw 0.68 million shares changing hands with its beta currently measuring 2.12. Company’s recent per share price level of $3.10 trading at $0.11 or 3.68% at ring of the bell on the day assigns it a market valuation of $692.63M. That closing price of CLNE’s stock is at a discount of -33.55% from its 52-week high price of $4.14 and is indicating a premium of 30.0% from its 52-week low price of $2.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.46 million shares which gives us an average trading volume of 1.54 million if we extend that period to 3-months.
For Clean Energy Fuels Corp (CLNE), analysts’ consensus is at an average recommendation of Strong Buy while assigning it a mean rating of 1.25. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.
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Clean Energy Fuels Corp (NASDAQ:CLNE) trade information
Upright in the green during last session for gaining 3.68%, in the last five days CLNE remained trading in the green while hitting it’s week-highest on Tuesday, 09/24/24 when the stock touched $3.10 price level, adding 4.02% to its value on the day. Clean Energy Fuels Corp’s shares saw a change of -19.06% in year-to-date performance and have moved 2.31% in past 5-day. Clean Energy Fuels Corp (NASDAQ:CLNE) showed a performance of 0.00% in past 30-days. Number of shares sold short was 12.86 million shares which calculate 9.32 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a rise of 38.0% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -61.29% in reaching the projected high whereas dropping to the targeted low would mean a loss of -61.29% for stock’s current value.
Clean Energy Fuels Corp (CLNE) estimates and forecasts
Statistics highlight that Clean Energy Fuels Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 15.67% of value to its shares in past 6 months, showing an annual growth rate of -33.33% while that of industry is 0.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -4.60% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 97.83M for the same. And 6 analysts are in estimates of company making revenue of 100.75M in the next quarter. Company posted 95.57M and 106.86M 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 -84.29% during past 5 years.
Clean Energy Fuels Corp (NASDAQ:CLNE)’s Major holders
Insiders are in possession of 20.89% of company’s total shares while institution are holding 53.76 percent of that, with stock having share float percentage of 67.96%. Investors also watch the number of corporate investors in a company very closely, which is 53.76% institutions for Clean Energy Fuels Corp that are currently holding shares of the company. GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC is the top institutional holder at CLNE for having 19.08 million shares of worth $50.94 million. And as of 2024-06-30, it was holding 8.5482 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 15.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.7661 of outstanding shares, having a total worth of $40.32 million.
