Stick With Cleanspark Inc (CLSK). The Bull Are Alive And Well

Currently, there are 198.06M common shares owned by the public and among those 191.70M shares have been available to trade.

Insiders at the company have transacted a total of 55 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 28 of these insider trades were purchases, accounting for 2,894,972 shares. Insider sales of the common stock occurred on 27 occasions, with total insider shares sold totaling 1,464,502 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The company’s stock has a 5-day price change of 28.03% and 330.36% over the past three months. CLSK shares are trading 61.92% year to date (YTD), with the 12-month market performance up to 401.69% higher. It has a 12-month low price of $2.04 and touched a high of $19.23 over the same period. CLSK has an average intraday trading volume of 28.92 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 76.66%, 76.07%, and 193.34% respectively.

Institutional ownership of Cleanspark Inc (NASDAQ: CLSK) shares accounts for 43.62% of the company’s 198.06M shares outstanding.

It has a market capitalization of $3.54B and a beta (3y monthly) value of 3.89. The earnings-per-share (ttm) stands at -$0.68. Price movements for the stock have been influenced by the stock’s volatility, which stands at 14.73% over the week and 11.95% over the month.

Analysts forecast that Cleanspark Inc (CLSK) will achieve an EPS of -$0.05 for the current quarter, -$0.12 for the next quarter and $0.87 for 2025. The lowest estimate earnings-per-share for the quarter is -$0.12 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was -$0.23 a year ago. Earnings per share for the fiscal year are expected to decrease by -308.33%, and 204.25% over the next financial year.

Looking at the support for the CLSK, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on December 08, 2023, with the firm’s price target at $9-$8.

Most Popular

Related Posts