Clean Energy Fuels Corp (NASDAQ: CLNE) is -25.33% lower on its value in year-to-date trading and has touched a low of $2.17 and a high of $4.93 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 $2.73 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $2.86, the stock is -6.43% and 3.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 4.76% at the moment leaves the stock -0.97% off its SMA200. CLNE registered -37.83% loss for a year compared to 6-month gain of 12.16%.
The stock witnessed a 1.42% loss in the last 1 month and extending the period to 3 months gives it a -2.39%, and is -1.04% 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 5.69% over the week and 5.49% over the month.
Clean Energy Fuels Corp (CLNE) has around 566 employees, a market worth around $639.01M and $403.63M in sales. Profit margin for the company is -19.63%. Distance from 52-week low is 31.80% and -41.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.31%).
Clean Energy Fuels Corp quarterly earnings per share for the current quarter are estimated at -0.03 with sales reaching $97.83M over the same period.The EPS is expected to grow by 72.85% this year, but quarterly earnings will post -4.60% year-over-year. Quarterly sales are estimated to grow 2.40% in year-over-year returns.
285.0 institutions hold shares in Clean Energy Fuels Corp (CLNE), with institutional investors hold 67.98% of the company’s shares. The shares outstanding are 223.03M, and float is at 164.68M with Short Float at 7.25%. Institutions hold 53.78% of the Float.
The top institutional shareholder in the company is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with over 19.08 million shares valued at $50.94 million. The investor’s holdings represent 8.5482 of the CLNE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.1 million shares valued at $40.32 million to account for 6.7661 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.37 million shares representing 5.0931 and valued at over $30.35 million, while DIMENSIONAL FUND ADVISORS LP holds 4.5191 of the shares totaling 10.09 million with a market value of $26.93 million.
