Spotting A Winner: Clean Energy Fuels Corp (NASDAQ: CLNE) Retreats -1.76 And It Still Have Room To Run

Clean Energy Fuels Corp (NASDAQ:CLNE) currently has a daily average trading volume of 1.39M but it saw 1003689 shares traded in last market. With a market cap of 623.37M USD, the company’s current market price of $2.79 came falling about -1.76 while comparing to the previous closing price of $2.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.12 and as low as $2.17. In the recent trading on the day, stock has struck highest price mark of $2.75 while lowest mark touched by it was $2.83.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which upgraded the stock as “Strong Buy” in its note to investors issued on October 03, 2023, recommending a price target of $6 for it. Stifel issued its recommendations for the stock as it initiated the price target for the stock is $6.

Over the week, CLNE’s stock price is moving -8.82% down while it is -10.58% when we observe its performance for the past one month. Year-to-date it is -27.15% down and over the past year, the stock is showing a downside performance of -25.60%.

Currently, Clean Energy Fuels Corp’s total number of outstanding shares is 223.03M. Company’s return on investment (ROI) stands at -7.31% and return on equity (ROE) at -11.17%. Stock’s beta reads 2.11. Stock has a price to book (P/B) ratio of 0.86 while price to sale or P/S ratio amounts to 1.54. Its return on asset (ROA) is -6.91% on average.