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Clean Energy Fuels Corp (CLNE) Stock Could Soon Reward Patient Investors

Clean Energy Fuels Corp (NASDAQ: CLNE) is 8.76% higher on its value in year-to-date trading and has touched a low of $2.17 and a high of $3.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CLNE stock was last observed hovering at around $3.04 in the last trading session, with the day’s loss setting it -0.31%.

Currently trading at $2.73, the stock is 0.52% and -3.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.23 million and changing -10.20% at the moment leaves the stock -0.91% off its SMA200. CLNE registered -20.18% loss for a year compared to 6-month gain of 5.41%. The firm has a 50-day simple moving average (SMA 50) of $2.8202 and a 200-day simple moving average (SMA200) of $2.75375.

The stock witnessed a -2.15% loss in the last 1 month and extending the period to 3 months gives it a -2.15%, and is -4.88% 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 6.94% over the week and 5.59% over the month.

Clean Energy Fuels Corp (CLNE) has around 566 employees, a market worth around $610.04M and $412.98M in sales. Profit margin for the company is -17.34%. Distance from 52-week low is 25.81% and -21.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.62%).

with sales reaching $99.87M over the same period.The EPS is expected to grow by 111.09% this year, but quarterly earnings will post -5.02% year-over-year. Quarterly sales are estimated to shrink -6.54% in year-over-year returns.

Clean Energy Fuels Corp (CLNE) Top Institutional Holders

288.0 institutions hold shares in Clean Energy Fuels Corp (CLNE), with institutional investors hold 66.22% of the company’s shares. The shares outstanding are 223.43M, and float is at 164.77M with Short Float at 6.44%. Institutions hold 52.38% 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.

Clean Energy Fuels Corp (CLNE) Insider Activity

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