Clean Energy Fuels Corp (NASDAQ:CLNE) shares, rose in value on Thursday, March 27, with the stock price up by 10.83% to the previous day’s close as strong demand from buyers drove the stock to $1.74.
Actively observing the price movement in the last trading, the stock closed the session at $1.57, falling within a range of $1.615 and $1.78. The value of beta (5-year monthly) was 2.351. Referring to stock’s 52-week performance, its high was $3.67, and the low was $1.55. On the whole, CLNE has fluctuated by -10.08% over the past month.
With the market capitalization of Clean Energy Fuels Corp currently standing at about $389.07 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-23.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 422.72M, with a low estimate of 94.93M and a high estimate of 105.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 98.75M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CLNE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CLNE currently trading nearly -3.08% and -31.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.83, while the 7-day volatility ratio is showing 7.26% which for the 30-day chart, stands at 6.23%. Furthermore, Clean Energy Fuels Corp (CLNE)’s beta value is 2.49, and its average true range (ATR) is 0.14.
A comparison of Clean Energy Fuels Corp (CLNE) with its peers suggests the former has fared considerably weaker in the market. CLNE showed an intraday change of 10.83% in last session, and over the past year, it shrunk by -28.10%%.
Data on historical trading for Clean Energy Fuels Corp (NASDAQ:CLNE) indicates that the trading volumes over the past 10 days have averaged 2.56 and over the past 3 months, they’ve averaged 2.88 million. According to company’s latest data on outstanding shares, there are 223.46 million shares outstanding.
Nearly 26.48% of Clean Energy Fuels Corp’s shares belong to company insiders and institutional investors own 50.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.59 million shares as on 2025-03-14, resulting in a short ratio of 2.86. According to the data, the short interest in Clean Energy Fuels Corp (CLNE) stood at 566.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.69 million. The stock has fallen by -30.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CLNE stock heading into the next quarter.
