Cleanspark Inc (NASDAQ: CLSK) is -48.46% lower on its value in year-to-date trading and has touched a low of $6.45 and a high of $20.49 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 $8.85 in the last trading session, with the day’s gains setting it 17.34%.
Currently trading at $26.19M, the stock is 7.17% and 11.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.44 million and changing 37443684% at the moment leaves the stock -0.25% off its SMA200. CLSK registered 9.01% gain for a year compared to 6-month loss of -11.31%. The firm has a 50-day simple moving average (SMA 50) of $8.9938 and a 200-day simple moving average (SMA200) of $10.08965.
The stock witnessed a 1.72% gain in the last 1 month and extending the period to 3 months gives it a 14.22%, and is 4.37% 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 6.81% over the week and 5.36% over the month.
Cleanspark Inc (CLSK) has around 270 employees, a market worth around $2.82B and $537.40M in sales. Fwd P/E is 13.37. Profit margin for the company is -36.39%. Distance from 52-week low is 55.61% and -51.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.72%).
with sales reaching $192.69M over the same period.The EPS is expected to grow by 186.55% this year, but quarterly earnings will post 102.94% year-over-year. Quarterly sales are estimated to grow 85.09% in year-over-year returns.
Cleanspark Inc (CLSK) Top Institutional Holders
420.0 institutions hold shares in Cleanspark Inc (CLSK), with institutional investors hold 64.80% of the company’s shares. The shares outstanding are 280.90M, and float is at 272.89M with Short Float at 26.46%. Institutions hold 63.30% 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 6.8833 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 STATE STREET CORP holds 2.5423 of the shares totaling 5.81 million with a market value of $92.71 million.
Cleanspark Inc (CLSK) Insider Activity
The most recent transaction is an insider sale by Beynon Roger Paul, the company’s Director. SEC filings show that Beynon Roger Paul sold 50,000 shares of the company’s common stock on May 21 ’25 at a price of $10.51 per share for a total of $0.53 million. Following the sale, the insider now owns 0.13 million shares.
