In the last trading session, 30.08 million Cleanspark Inc (NASDAQ:CLSK) shares changed hands as the company’s beta touched 4.24. With the company’s per share price at $10.12 changed hands at $0.33 or 3.37% during last session, the market valuation stood at $2.84B. CLSK’s last price was a discount, traded about -103.95% off its 52-week high of $20.64. The share price had its 52-week low at $6.45, which suggests the last value was 36.26% up since then. When we look at Cleanspark Inc’s average trading volume, we note the 10-day average is 24.97 million shares, with the 3-month average coming to 26.41 million.
Analysts gave the Cleanspark Inc (CLSK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.27. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CLSK as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Cleanspark Inc (NASDAQ:CLSK) trade information
Instantly CLSK was in green as seen at the end of in last trading. With action 17.54%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.88%, with the 5-day performance at 17.54% in the green. However, in the 30-day time frame, Cleanspark Inc (NASDAQ:CLSK) is 16.59% up. Looking at the short shares, we see there were 75.09 million shares sold at short interest cover period of 2.92 days.
The consensus price target for the stock as assigned by Wall Street analysts is 27, meaning bulls need an upside of 62.52% from its current market value. According to analyst projections, CLSK’s forecast low is 22 with 27 as the target high. To hit the forecast high, the stock’s price needs a -166.8% plunge from its current level, while the stock would need to soar -117.39% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 35.68%. The 2025 estimates are for Cleanspark Inc earnings to increase by 195.39%.
CLSK Dividends
Cleanspark Inc is expected to release its next quarterly earnings report on 2025-May-07.
Cleanspark Inc (NASDAQ:CLSK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.31% of Cleanspark Inc shares while 63.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 64.67%. There are 63.18% institutions holding the Cleanspark Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 7.9011% of the shares, roughly 18.07 million CLSK shares worth $288.14 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.8833% or 15.74 million shares worth $251.02 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Amplify ETF Trust-Amplify Transformational Data Sharing ETF . With 4.28 shares estimated at $43.27 million under it, the former controlled 87.74% of total outstanding shares. On the other hand, Amplify ETF Trust-Amplify Transformational Data Sharing ETF held about 64.08% of the shares, roughly 3.12 shares worth around $31.6 million.
