Positives for Clean Energy Fuels Corp (CLNE) as stock gains in recent trading

Clean Energy Fuels Corp (NASDAQ: CLNE) is -22.72% lower on its value in year-to-date trading and has touched a low of $2.17 and a high of $4.68 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 $2.93 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $2.96, the stock is -2.13% and 5.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 1.02% at the moment leaves the stock 2.70% off its SMA200. CLNE registered -33.78% loss for a year compared to 6-month gain of 18.88%.

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The stock witnessed a -6.92% loss in the last 1 month and extending the period to 3 months gives it a 4.23%, and is 11.28% up 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 5.05% over the week and 5.02% over the month.

Clean Energy Fuels Corp (CLNE) has around 566 employees, a market worth around $661.35M and $403.63M in sales. Profit margin for the company is -19.63%. Distance from 52-week low is 36.41% and -36.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.31%).

The EPS is expected to grow by 72.85% this year.

Clean Energy Fuels Corp (CLNE) Top Institutional Holders

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 164.72M with Short Float at 7.58%. 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.