ClearOne Inc (NASDAQ: CLRO): To Buy Or Not To Buy, That Is The Question

ClearOne Inc (CLRO) concluded trading on Tuesday at a closing price of $0.78, with 7.27 million shares of worth about $5.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.18% during that period and on December 31, 2024 the price saw a gain of about 24.39%. Currently the company’s common shares owned by public are about 23.97M shares, out of which, 10.10M shares are available for trading.

Stock saw a price change of 32.61% in past 5 days and over the past one month there was a price change of 53.65%. Year-to-date (YTD), CLRO shares are showing a performance of 5.54% which increased to 5.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.46 but also hit the highest price of $1.70 during that period. The average intraday trading volume for ClearOne Inc shares is 124.46K. The stock is currently trading 33.49% above its 20-day simple moving average (SMA20), while that difference is up 39.86% for SMA50 and it goes to 9.46% higher than SMA200.

ClearOne Inc (NASDAQ: CLRO) currently have 23.97M outstanding shares and institutions hold larger chunk of about 5.73% of that.

The stock has a current market capitalization of $23.32M and its 3Y-monthly beta is at 0.82. It has posted earnings per share of -$0.17 in the same period. It has Quick Ratio of 2.64 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CLRO, volatility over the week remained 20.78% while standing at 11.11% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Singular Research on August 16, 2018 offering a Buy – long-term rating for the stock and assigned a target price range of between $4 and $6 to it.

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