ClearSign Technologies Corp (NASDAQ: CLIR) Now -36.63% Off Its High ($1.72), Does Analysts See Headwinds And Risks?

ClearSign Technologies Corp (NASDAQ:CLIR) currently has a daily average trading volume of 160.72K but it saw 127666 shares traded in last market. With a market cap of 54.76M USD, the company’s current market price of $1.09 came falling about -0.91 while comparing to the previous closing price of $1.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.72 and as low as $0.62. In the recent trading on the day, stock has struck highest price mark of $1.0652 while lowest mark touched by it was $1.12.

Taking a look at 20-day trading activity of ClearSign Technologies Corp (CLIR) gives us an average price of $1.1930, while its current price level is -36.63% below from 52-week high level whereas it is 76.09% 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 $1.0716 while that of 200 days or SMA-200 reads an average of $0.8811. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.15% during that period while stretching the period over a month that decreases to 10.16%. 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 44.73 which implies that the stock is in neutral territory.

Over the week, CLIR’s stock price is moving -24.31% down while it is -7.63% when we observe its performance for the past one month. Year-to-date it is -24.31% down and over the past year, the stock is showing a downside performance of -2.68%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.03 while estimate for next year EPS is -0.13. Moreover, analysts are in estimates of $1.55M for current-quarter revenue.

Currently, ClearSign Technologies Corp’s total number of outstanding shares is 50.23M. Company’s return on investment (ROI) stands at -34.04% and return on equity (ROE) at -49.02%. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 3.69 while price to sale or P/S ratio amounts to 12.79. Its return on asset (ROA) is -39.02% on average.