Clean Energy Fuels Corp (NASDAQ: CLNE) is -36.81% lower on its value in year-to-date trading and has touched a low of $2.44 and a high of $5.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLNE stock was last observed hovering at around $2.46 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $2.42, the stock is -10.47% and -17.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -1.63% at the moment leaves the stock -36.27% off its SMA200. CLNE registered -39.80% loss for a year compared to 6-month loss of -39.35%. The firm has a 50-day simple moving average (SMA 50) of $1.50 and a 200-day simple moving average (SMA200) of -$19.97.
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The stock witnessed a -18.52% gain in the last 1 month and extending the period to 3 months gives it a -35.81%, and is -3.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.32% over the week and 5.17% over the month.
Clean Energy Fuels Corp (CLNE) has around 566 employees, a market worth around $540.24M and $425.32M in sales. Fwd P/E is 36.84. Profit margin for the company is -23.39%. Distance from 52-week low is -0.82% and -53.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.22%).
Clean Energy Fuels Corp quarterly earnings per share for the current quarter are estimated at -$0.05 with sales reaching $96.75M over the same period.The EPS is expected to grow by 36.72% this year, but quarterly earnings will post 3.80% year-over-year. Quarterly sales are estimated to shrink -26.80% in year-over-year returns.
Clean Energy Fuels Corp (CLNE) Top Institutional Holders
291 institutions hold shares in Clean Energy Fuels Corp (CLNE), with institutional investors hold 64.76% of the company’s shares. The shares outstanding are 223.03M, and float is at 165.01M with Short Float at 7.98%. Institutions hold 51.09% of the Float.
The top institutional shareholder in the company is Grantham, Mayo, Van Otterloo & Co. LLC with over 16.09 million shares valued at $38.93 million. The investor’s holdings represent 7.21% of the CLNE Shares outstanding. As of Dec 30, 2023, the second largest holder is Blackrock Inc. with 14.74 million shares valued at $35.67 million to account for 6.60% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 12.31 million shares representing 5.52% and valued at over $29.8 million, while Vanguard Group Inc holds 4.48% of the shares totaling 10.0 million with a market value of $24.2 million.
