Currently, there are 23.97M common shares owned by the public and among those 10.10M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of 55.60% and 66.19% over the past three months. CLRO shares are trading 0.47% year to date (YTD), with the 12-month market performance up to 24.75% higher. It has a 12-month low price of $0.45 and touched a high of $1.70 over the same period. CLRO has an average intraday trading volume of 472.66K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 50.09%, 26.88%, and 24.95% respectively.
Institutional ownership of ClearOne Inc (NASDAQ: CLRO) shares accounts for 6.12% of the company’s 23.97M shares outstanding.
It has a market capitalization of $18.84M and a beta (3y monthly) value of 0.70. The earnings-per-share (ttm) stands at -$0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 14.40% over the week and 9.76% over the month.
Analysts forecast that ClearOne Inc (CLRO) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0.
Looking at the support for the CLRO, a number of firms have released research notes about the stock. Singular Research stated their BUY – Long-Term rating for the stock in a research note on August 16, 2018, with the firm’s price target at $4-$6.