ClearOne Inc (CLRO): What Are The Positives?

ClearOne Inc (NASDAQ:CLRO) has a beta value of 0.86 and has seen 1.09 million shares traded in the recent trading session. The company, currently valued at $11.50M, closed the recent trade at $0.48 per share which meant it lost -$0.01 on the day or -2.02% during that session. The CLRO stock price is -254.17% off its 52-week high price of $1.70 and 0.0% above the 52-week low of $0.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.44 million shares traded. The 3-month trading volume is 84.49K shares.

ClearOne Inc (NASDAQ:CLRO) trade information

Sporting -2.02% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CLRO stock price touched $0.48 or saw a rise of 5.88%. Year-to-date, ClearOne Inc shares have moved -35.24%, while the 5-day performance has seen it change -2.02%. Over the past 30 days, the shares of ClearOne Inc (NASDAQ:CLRO) have changed -17.22%. Short interest in the company has seen 13424.0 shares shorted with days to cover at 1.32.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

ClearOne Inc (CLRO) estimates and forecasts

The company’s shares have lost -36.81% over the past 6 months.

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 58.35% over the past 5 years.

CLRO Dividends

ClearOne Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

ClearOne Inc (NASDAQ:CLRO)’s Major holders

Insiders own 48.42% of the company shares, while shares held by institutions stand at 5.81% with a share float percentage of 11.26%. Investors are also buoyed by the number of investors in a company, with ClearOne Inc having a total of 16.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.48 million shares worth more than $0.31 million. As of 2024-06-30, VANGUARD GROUP INC held 2.0214% of shares outstanding.

The other major institutional holder is RENAISSANCE TECHNOLOGIES LLC, with the holding of over 0.31 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.2 million and represent 1.3065% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 1.54% shares in the company for having 369.72 shares of worth $0.18 million while later fund manager owns 114.78 shares of worth $57392.0 as of Jun 30, 2024, which makes it owner of about 0.48% of company’s outstanding stock.