Cleanspark Inc (NASDAQ:CLSK) has a beta value of 4.09 and has seen 5.19 million shares traded in the recent trading session. The company, currently valued at $1.91B, closed the recent trade at $6.80 per share which meant it lost -$0.39 on the day or -5.42% during that session. The CLSK stock price is -214.56% off its 52-week high price of $21.39 and -3.24% below the 52-week low of $7.02. If we look at the company’s 10-day average daily trading volume, we find that it stood at 30.71 million shares traded. The 3-month trading volume is 24.70 million shares.
The consensus among analysts is that Cleanspark Inc (CLSK) is Buy stock at the moment, with a recommendation rating of 1.30. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
Cleanspark Inc (NASDAQ:CLSK) trade information
Sporting -5.42% 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 CLSK stock price touched $6.80 or saw a rise of 23.6%. Year-to-date, Cleanspark Inc shares have moved -26.17%, while the 5-day performance has seen it change -22.64%. Over the past 30 days, the shares of Cleanspark Inc (NASDAQ:CLSK) have changed -14.89%. Short interest in the company has seen 80.63 million shares shorted with days to cover at 3.53.
Wall Street analysts have a consensus price target for the stock at $27, which means that the shares’ value could jump 74.81% from the levels at last check today.. The projected low price target is $22.0 while the price target rests at a high of $27.0. In that case, then, we find that the latest price level in today’s session is -297.06% off the targeted high while a plunge would see the stock gain -223.53% from the levels at last check today..
Cleanspark Inc (CLSK) estimates and forecasts
The company’s shares have lost -27.19% 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 35.68% over the past 5 years.
CLSK Dividends
Cleanspark Inc is expected to release its next earnings report on 2025-Feb-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cleanspark Inc (NASDAQ:CLSK)’s Major holders
Insiders own 2.32% of the company shares, while shares held by institutions stand at 54.21% with a share float percentage of 55.50%. Investors are also buoyed by the number of investors in a company, with Cleanspark Inc having a total of 371.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 18.07 million shares worth more than $288.14 million. As of 2024-06-30, BLACKROCK INC. held 7.9011% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 15.74 million shares as of 2024-06-30. The firm’s total holdings are worth over $251.02 million and represent 7.5199% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Salem Street Trust-Fidelity Small Cap Index Fund . As of Dec 31, 2024 , the former fund manager holds about 79.60% shares in the company for having 3.88 shares of worth $26.41 million while later fund manager owns 2.5 shares of worth $17.03 million as of Dec 31, 2024 , which makes it owner of about 51.33% of company’s outstanding stock.
