Currently, there are 280.81M common shares owned by the public and among those 272.15M shares have been available to trade.
The company’s stock has a 5-day price change of -7.33% and -40.44% over the past three months. CLSK shares are trading 14.01% year to date (YTD), with the 12-month market performance down to -34.40% lower. It has a 12-month low price of $8.04 and touched a high of $24.72 over the same period. CLSK has an average intraday trading volume of 31.29 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 -2.57%, -6.29%, and -19.82% respectively.
Institutional ownership of Cleanspark Inc (NASDAQ: CLSK) shares accounts for 52.20% of the company’s 280.81M shares outstanding.
It has a market capitalization of $2.95B and a beta (3y monthly) value of 4.17. The stock’s trailing 12-month PE ratio is 70.14, while the earnings-per-share (ttm) stands at $0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.58% over the week and 7.74% over the month.
Earnings per share for the fiscal year are expected to increase by 264.86%, and -5.00% over the next financial year.
Looking at the support for the CLSK, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on February 12, 2025, with the firm’s price target at $20. Keefe Bruyette coverage for the Cleanspark Inc (CLSK) stock in a research note released on January 27, 2025 offered a Outperform rating with a price target of $19. JP Morgan was of a view on December 10, 2024 that the stock is Overweight, while Macquarie gave the stock Outperform rating on September 25, 2024, issuing a price target of $20. JP Morgan on their part issued Neutral rating on December 08, 2023.
