Equities researchers at StockNews.com assumed coverage on shares of ClearSign Technologies (NASDAQ:CLIR - Get Free Report) in a note issued to investors on Tuesday. The brokerage set a "sell" rating on the technology company's stock.
ClearSign Technologies Price Performance
Shares of CLIR stock traded down $0.13 during mid-day trading on Tuesday, hitting $1.39. 102,035 shares of the stock traded hands, compared to its average volume of 179,382. ClearSign Technologies has a 52-week low of $0.62 and a 52-week high of $1.72. The stock has a market cap of $69.57 million, a P/E ratio of -12.59 and a beta of 1.13. The stock's fifty day moving average is $1.15 and its two-hundred day moving average is $0.93.
Hedge Funds Weigh In On ClearSign Technologies
An institutional investor recently bought a new position in ClearSign Technologies stock. Americana Partners LLC acquired a new position in ClearSign Technologies Co. (NASDAQ:CLIR - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 30,000 shares of the technology company's stock, valued at approximately $25,000. Americana Partners LLC owned approximately 0.06% of ClearSign Technologies at the end of the most recent reporting period. Institutional investors and hedge funds own 24.03% of the company's stock.
About ClearSign Technologies
(
Get Free Report)
ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.
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