Clean Energy Fuels Corp (NASDAQ: CLNE) is -20.37% lower on its value in year-to-date trading and has touched a low of $2.17 and a high of $4.14 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 $3.12 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $3.05, the stock is 2.76% and 5.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -2.24% at the moment leaves the stock 6.46% off its SMA200. CLNE registered -19.95% loss for a year compared to 6-month gain of 23.48%. The firm has a 50-day simple moving average (SMA 50) of $2.9058 and a 200-day simple moving average (SMA200) of $2.8631.
The stock witnessed a -5.57% loss in the last 1 month and extending the period to 3 months gives it a 12.55%, and is -0.97% 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 4.29% over the week and 5.27% over the month.
Clean Energy Fuels Corp (CLNE) has around 566 employees, a market worth around $681.46M and $403.63M in sales. Profit margin for the company is -19.63%. Distance from 52-week low is 40.55% and -26.33% 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 67.96% of the company’s shares. The shares outstanding are 223.03M, and float is at 164.72M with Short Float at 7.81%. Institutions hold 53.76% 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.
