ClearOne Inc (NASDAQ:CLRO) currently has a daily average trading volume of 124.46K but it saw 7271224 shares traded in last market. With a market cap of 23.32M USD, the company’s current market price of $0.78 came rising about 24.39 while comparing to the previous closing price of $0.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.70 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.6034 while lowest mark touched by it was $1.11.
Taking a look at 20-day trading activity of ClearOne Inc (CLRO) gives us an average price of $0.5861, while its current price level is -53.98% below from 52-week high level whereas it is 71.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5594 while that of 200 days or SMA-200 reads an average of $0.7606. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.78% during that period while stretching the period over a month that decreases to 11.11%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.98 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Singular Research which reiterated the stock as “BUY – Long-Term” in its note to investors issued on August 16, 2018, recommending a price target of between $4 and $6 for it.
Over the week, CLRO’s stock price is moving 32.61% up while it is 53.65% when we observe its performance for the past one month. Year-to-date it is 5.54% up and over the past year, the stock is showing an upside performance of 5.54%.
Currently, ClearOne Inc’s total number of outstanding shares is 23.97M. Company’s return on investment (ROI) stands at -17.26% and return on equity (ROE) at -12.63%. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is -10.68% on average.
