Cleanspark Inc (NASDAQ: CLSK) is -27.04% lower on its value in year-to-date trading and has touched a low of $7.02 and a high of $21.39 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 CLSK stock was last observed hovering at around $7.19 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $6.72, the stock is -15.79% and -27.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.06 million and changing -6.54% at the moment leaves the stock -43.25% off its SMA200. CLSK registered -71.02% loss for a year compared to 6-month loss of -28.05%. The firm has a 50-day simple moving average (SMA 50) of $9.2526 and a 200-day simple moving average (SMA200) of $11.82875.
The stock witnessed a -15.89% gain in the last 1 month and extending the period to 3 months gives it a -35.14%, and is -23.55% 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 6.92% over the week and 9.21% over the month.
Cleanspark Inc (CLSK) has around 270 employees, a market worth around $1.89B and $467.49M in sales. Current P/E ratio is 44.89 and Fwd P/E is 4.76. Profit margin for the company is 14.36%. Distance from 52-week low is -4.27% and -68.58% from its 52-week high. The company has generated returns on investments over the last 12 months (2.52%).
with sales reaching $197.46M over the same period.The EPS is expected to grow by 276.19% this year, but quarterly earnings will post 126.42% year-over-year. Quarterly sales are estimated to grow 76.62% in year-over-year returns.
Cleanspark Inc (CLSK) Top Institutional Holders
371.0 institutions hold shares in Cleanspark Inc (CLSK), with institutional investors hold 55.50% of the company’s shares. The shares outstanding are 280.81M, and float is at 272.24M with Short Float at 29.62%. Institutions hold 54.21% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.07 million shares valued at $288.14 million. The investor’s holdings represent 7.9011% of the CLSK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.74 million shares valued at $251.02 million to account for 7.5199 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.12 million shares representing 3.1156% and valued at over $113.62 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.6826 of the shares totaling 5.61 million with a market value of $89.57 million.
Cleanspark Inc (CLSK) Insider Activity
The most recent transaction is an insider sale by Wood Thomas Leigh, the company’s Director. SEC filings show that Wood Thomas Leigh sold 44,444 shares of the company’s common stock on Mar 24 ’25 at a price of $8.04 per share for a total of $0.36 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Mar 24 ’25, Cavaleri Amanda (Director) disposed off 13,000 shares at an average price of $7.97 for $0.1 million. The insider now directly holds 140,289 shares of Cleanspark Inc (CLSK).
