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NASDAQ:CLNN

Clene (CLNN) Stock Price, News & Analysis

Clene logo
$3.00 -0.17 (-5.36%)
Closing price 04:00 PM Eastern
Extended Trading
$3.10 +0.10 (+3.17%)
As of 05:46 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Clene Stock (NASDAQ:CLNN)

Key Stats

Today's Range
$2.93
$3.15
50-Day Range
$2.58
$4.74
52-Week Range
$2.57
$9.20
Volume
94,234 shs
Average Volume
77,850 shs
Market Capitalization
$25.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$50.20
Consensus Rating
Buy

Company Overview

Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug candidate is CNM-Au8, which is being studied in various clinical trials, including a completed Phase 2 platform trial to evaluate the safety and efficacy of CNM-Au8 in patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; completed Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a second Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases. The company also develops CNM-AgZn17, a gel polymer suspension of silver and zinc ions that is being developed for the treatment of infectious diseases and to support wound healing; and CNM-ZnAg, a broad-spectrum antiviral and antibacterial agent to treat infection disease and to provide immune support for symptom resolution. In addition, it markets and distributes dietary supplements comprising rMetx, an aqueous zinc-silver ion dietary supplement; and KHC46, an aqueous gold dietary supplement of very low-concentration Au nanoparticles. The company is headquartered in Salt Lake City, Utah.

Clene Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
45th Percentile Overall Score

CLNN MarketRank™: 

Clene scored higher than 45% of companies evaluated by MarketBeat, and ranked 415th out of 916 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Clene has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Clene has only been the subject of 3 research reports in the past 90 days.

  • Read more about Clene's stock forecast and price target.
  • Earnings Growth

    Earnings for Clene are expected to grow in the coming year, from ($5.19) to ($4.15) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clene is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Clene is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Clene has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Clene's valuation and earnings.
  • Percentage of Shares Shorted

    1.91% of the float of Clene has been sold short.
  • Short Interest Ratio / Days to Cover

    Clene has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clene has recently increased by 24.62%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Clene does not currently pay a dividend.

  • Dividend Growth

    Clene does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.91% of the float of Clene has been sold short.
  • Short Interest Ratio / Days to Cover

    Clene has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clene has recently increased by 24.62%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Clene this week, compared to 2 articles on an average week.
  • Search Interest

    Only 6 people have searched for CLNN on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Clene to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Clene insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,932.00 in company stock.

  • Percentage Held by Insiders

    25.10% of the stock of Clene is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 23.28% of the stock of Clene is held by institutions.

  • Read more about Clene's insider trading history.
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CLNN Stock News Headlines

Clene initiated with a Buy at JonesResearch
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Most traders are panicking right now. Bitcoin’s dropping. Altcoins are bleeding. The stock market’s a mess. The news is screaming fear. But while most traders watch their portfolios tank…
Clene to Present at the Emerging Growth Conference
Clene files $160M mixed securities shelf
H.C. Wainwright Sticks to Their Buy Rating for Clene (CLNN)
See More Headlines

CLNN Stock Analysis - Frequently Asked Questions

Clene's stock was trading at $5.31 at the beginning of 2025. Since then, CLNN stock has decreased by 43.5% and is now trading at $3.00.
View the best growth stocks for 2025 here
.

Clene Inc. (NASDAQ:CLNN) announced its quarterly earnings data on Monday, March, 24th. The company reported ($1.67) EPS for the quarter, missing analysts' consensus estimates of ($1.21) by $0.46. The firm earned $0.09 million during the quarter, compared to the consensus estimate of $0.13 million. Clene had a negative net margin of 8,556.77% and a negative trailing twelve-month return on equity of 1,106.30%.

Shares of Clene reverse split before market open on Thursday, July 11th 2024. The 1-20 reverse split was announced on Thursday, July 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 11th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Top institutional investors of Clene include Penn Davis Mcfarland Inc. (0.13%). Insiders that own company stock include General Resonance Llc, David J Matlin, John Henry Stevens, Mark Mortenson, Jonathon Gay, Alison Mosca, Robert Dee Etherington and Robert Glanzman.
View institutional ownership trends
.

Shares of CLNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Clene investors own include Waste Connections (WCN), AUO (AUOTY), Voyager Therapeutics (VYGR), American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
3/24/2025
Today
4/25/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:CLNN
Fax
N/A
Employees
100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.20
High Stock Price Target
$84.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+1,573.3%
Consensus Rating
Buy
Rating Score (0-4)
3.17
Research Coverage
6 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-49,500,000.00
Net Margins
-8,556.77%
Pretax Margin
-8,556.77%

Debt

Sales & Book Value

Annual Sales
$342,000.00
Price / Cash Flow
N/A
Book Value
$2.09 per share
Price / Book
1.44

Miscellaneous

Free Float
6,236,000
Market Cap
$25.79 million
Optionable
Optionable
Beta
0.46
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This page (NASDAQ:CLNN) was last updated on 4/25/2025 by MarketBeat.com Staff
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