ClearOne Inc (NASDAQ:CLRO) has a beta value of 0.73 and has seen 4.77 million shares traded in the last trading session. The company, currently valued at $41.26M, closed the last trade at $1.31 per share which meant it gained $0.31 on the day or 31.39% during that session. The CLRO stock price is -29.77% off its 52-week high price of $1.70 and 64.89% above the 52-week low of $0.46. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.49 million shares traded. The 3-month trading volume is 277.12K shares.
ClearOne Inc (NASDAQ:CLRO) trade information
Sporting 31.39% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CLRO stock price touched $1.31 or saw a rise of 6.43%. Year-to-date, ClearOne Inc shares have moved 67.43%, while the 5-day performance has seen it change 122.03%. Over the past 30 days, the shares of ClearOne Inc (NASDAQ:CLRO) have changed 162.00%. Short interest in the company has seen 13424.0 shares shorted with days to cover at 1.32.
ClearOne Inc (CLRO) estimates and forecasts
The company’s shares have gained 90.41% 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 February 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.
