Clean Energy Fuels Corp. (NASDAQ:CLNE) saw a downside of -1.80% to close Monday at $8.18 after subtracting -$0.15 on the day. The 5-day average trading volume is 5,119,480 shares of the company’s common stock. It has gained $9.19 in the past week. An average of 5,192,205 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,330,854.
CLNE’s 1-month performance is 2.00% or $0.31 on its low of $7.46 reached on 09/20/21. The company’s shares have touched a 52-week low of $2.39 and high of $19.79, with the stock’s rally to the 52-week high happening on 02/10/21. YTD, CLNE has achieved 4.07% or $0.32. However, the current price is down -58.67%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Jun 15, 112 days have gone by since the last insider trading activity for Clean Energy Fuels Corp. (CLNE). TOTAL MARKETING SERVICES S.A.S (10% Owner) most recently sold 750,000 shares at $11.17 per share on Jun 15. This transaction cost the insider $8,377,800. Chief Financial Officer, Vreeland Robert M., sold 171,083 shares at a price of $11.63 on Jun 15. Then, on Jun 14, 10% Owner TOTAL MARKETING SERVICES S.A.S sold 730,000 shares at a price of $11.69 per share. This transaction amounted to $8,533,846.
Clean Energy Fuels Corp. (CLNE) has a trailing price-to-earnings (P/E) ratio of 14.70 for the broader industry and 18.75 for the sector, meaning that investors are optimistic about the stock’s future prospects. The company’s PE ratio for the last five years has touched a high of 50.18 and a low of 8.339. CLNE stock has a beta of 1.88. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 7.99 while the price-to-book (PB) in the most recent quarter is 2.27, with the price to cash flow ratio at 189.86.
Clean Energy Fuels Corp.’s quick ratio for the period ended June 29 was 4.20, with the current ratio over the same period at 4.50 meaning that CLNE stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.04, while the total debt to equity was 0.06. In terms of profitability, the gross margin trailing 12 months is 14.40%The trailing 12-month EBITDA margin is 13.27% while for the period ending June 29; Clean Energy Fuels Corp.’s operating margin was -40.70%. The firm’s gross profit as reported stood at $106.31 million against revenue of $291.72 million.
For the quarterly period ending June 29 this year, Clean Energy Fuels Corp.’s cash and short-term investments amounted to $120.21 million against total debt of $76.52 million. Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -12372.92% to $0.48 million, while revenue of $77.14 million was -15970.83% off the previous quarter. Analysts expected CLNE to announce $0 per share in earnings in its latest quarter, but it posted $0.01. EBITDA for the quarter stood at more than -$68.02 million. CLNE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 157.3 million, with total debt at $76.52 million. Shareholders hold equity totaling $222.99 million
Let’s look briefly at Clean Energy Fuels Corp. (CLNE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 October was 50.07% to suggest the stock is trending Neutral, with historical volatility in this time period at 94.14%.
The stock’s 5-day moving average is $8.25, reflecting a -11.85% or -$1.10 change from its current price. CLNE is currently trading +3.94% above its 20-day SMA, +0.62% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +7.63% and +83.00% respectively.
Stochastic %K and %D was 39.38% and 39.09% and the average true range (ATR) pointed at 0.50. The RSI (14) points at 50.98%, while the 14-day stochastic is at 37.31% with the period’s ATR at 0.50. The stock’s 9-day MACD Oscillator is pointing at -0.14 and 0.01 on the 14-day charts.
In the most recent analyst report for Clean Energy Fuels Corp. (NASDAQ: CLNE), Evercore ISI launched coverage with an Underperform rating. Analysts offering their rating for CLNE stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate CLNE as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.
What is CLNE’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.00 and a high of $27.00, with their median price target at $13.50. Looking at these predictions, the average price target given by analysts is for Clean Energy Fuels Corp. (CLNE) stock is $15.83.