In the last trading session, 2.78 million shares of the Clean Energy Fuels Corp (NASDAQ:CLNE) were traded, and its beta was 2.57. Most recently the company’s share price was $1.32, and it changed around -$0.08 or -5.71% from the last close, which brings the market valuation of the company to $295.63M. CLNE currently trades at a discount to its 52-week high of $3.67, offering almost -178.03% off that amount. The share price’s 52-week low was $1.30, which indicates that the current value has risen by an impressive 1.52% since then. We note from Clean Energy Fuels Corp’s average daily trading volume that its 10-day average is 3.06 million shares, with the 3-month average coming to 2.89 million.
Clean Energy Fuels Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.20. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended CLNE as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Clean Energy Fuels Corp is expected to report earnings per share of -0.16 for the current quarter.
Clean Energy Fuels Corp (NASDAQ:CLNE) trade information
Instantly CLNE has showed a red trend with a performance of -5.71% at the end of last trading. The rise to weekly highs of 1.6000 on recent trading dayincreased the stock’s daily price by 17.5%. On the other hand, Clean Energy Fuels Corp (NASDAQ:CLNE) is -28.65% down in the 30-day period. We can see from the shorts that 11.03 million shares have been sold at a short interest cover period of 4.3 day(s).
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 73.6% from its current value. Analyst projections state that CLNE is forecast to be at a low of $5 and a high of $5.
Clean Energy Fuels Corp (CLNE) estimates and forecasts
The year-over-year growth rate is expected to be -3.60%, down from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 97.98M in revenue for the current quarter. 6 analysts expect Clean Energy Fuels Corp to make 95.16M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 103.71M and 97.95M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -5.53%. Forecasts for the next quarter put sales growth at -2.85%.
CLNE Dividends
Clean Energy Fuels Corp’s next quarterly earnings report is expected to be released on 2025-Feb-23.
Clean Energy Fuels Corp (NASDAQ:CLNE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 21.10% of Clean Energy Fuels Corp shares, and 52.16% of them are in the hands of institutional investors. The stock currently has a share float of 66.12%. Clean Energy Fuels Corp stock is held by 292.0 institutions, with GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC being the largest institutional investor. By 2024-06-30, it held 8.5451% of the shares, which is about 19.08 million shares worth $50.94 million.
BLACKROCK INC., with 6.7637% or 15.1 million shares worth $40.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
