In last trading session, Cleanspark Inc (NASDAQ:CLSK) saw 17.27 million shares changing hands with its beta currently measuring 4.01. Company’s recent per share price level of $8.10 trading at -$0.16 or -1.94% at ring of the bell on the day assigns it a market valuation of $2.27B. That closing price of CLSK’s stock is at a discount of -205.19% from its 52-week high price of $24.72 and is indicating a premium of 10.86% from its 52-week low price of $7.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 24.8 million shares which gives us an average trading volume of 26.17 million if we extend that period to 3-months.
For Cleanspark Inc (CLSK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.30. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.07 in the current quarter.
Cleanspark Inc (NASDAQ:CLSK) trade information
Upright in the red during last session for losing -1.94%, in the last five days CLSK remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $8.10 price level, adding 9.29% to its value on the day. Cleanspark Inc’s shares saw a change of -12.05% in year-to-date performance and have moved -5.26% in past 5-day. Cleanspark Inc (NASDAQ:CLSK) showed a performance of -27.55% in past 30-days. Number of shares sold short was 79.7 million shares which calculate 3.54 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 27 to the stock, which implies a rise of 70.0% to its current value. Analysts have been projecting 22 as a low price target for the stock while placing it at a high target of 27. It follows that stock’s current price would drop -171.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of -171.6% for stock’s current value.
Cleanspark Inc (CLSK) estimates and forecasts
This year revenue growth is estimated to rise 133.03% 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 197.79M for the same. And 6 analysts are in estimates of company making revenue of 229.2M in the next quarter. Company posted 111.8M and 104.11M 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 35.68% during past 5 years.
Cleanspark Inc (NASDAQ:CLSK)’s Major holders
Insiders are in possession of 2.32% of company’s total shares while institution are holding 54.19 percent of that, with stock having share float percentage of 55.48%. Investors also watch the number of corporate investors in a company very closely, which is 54.19% institutions for Cleanspark Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CLSK for having 18.07 million shares of worth $288.14 million. And as of 2024-06-30, it was holding 8.6318 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 15.74 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5199 of outstanding shares, having a total worth of $251.02 million.
