Cleanspark Inc (NASDAQ:CLSK)’s traded shares stood at 51.99 million during the last session, with the company’s beta value hitting 4.34. At the close of trading, the stock’s price was $9.87, to imply a decrease of -2.37% or -$0.24 in intraday trading. The CLSK share’s 52-week high remains $20.64, putting it -109.12% down since that peak but still an impressive 34.65% since price per share fell to its 52-week low of $6.45.
Analysts have given a consensus recommendation of Buy for Cleanspark Inc (CLSK), translating to a mean rating of 1.27. Of 4 analyst(s) looking at the stock, 0 analyst(s) give CLSK a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.55.
Cleanspark Inc (NASDAQ:CLSK) trade information
After registering a -2.37% downside in the last session, Cleanspark Inc (CLSK) has traded red over the past five days. The 5-day price performance for the stock is 5.45%, and 11.27% over 30 days. With these gigs, the year-to-date price performance is 7.17%.
The extremes give us $22 and $27 for target low and target high price respectively. As such, CLSK has been trading -173.56% off suggested target high and -122.9% from its likely low.
Cleanspark Inc (CLSK) estimates and forecasts
The rating firms project that company’s revenue will grow 102.15% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 191.33M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 228.84M.Earnings reports from the last fiscal year show that sales brought in 104.11M and 89.28M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 83.78% before jumping 156.33% in the following quarter.
CLSK Dividends
Cleanspark Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 15.74 million shares, or about 6.8833% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $251.02 million.
We also have VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and iShares Trust-iShares S&P Small-Cap 600 Growth ETF as the top two Mutual Funds with the largest holdings of the Cleanspark Inc (CLSK) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund holds roughly 3.88 shares. This is just over 79.60% of the total shares, with a market valuation of $38.29 million. Data from the same date shows that the other fund manager holds a little less at 2.54, or 52.04% of the shares, all valued at about 25.03 million.
