Clean Energy Fuels Corp. (NASDAQ:CLNE) had 6.9 million traded shares over the previous session, with the company’s beta value reaching 1.90. The stock ended the trading day at $7.68, representing a -5.77 percent or $0.47 intraday loss. The CLNE share has a 52-week high of $19.79, which is down -157.68 percent from that high but still represents a stunning 69.53 percent gain since the share price plunged to a 52-week low of $2.34. The company has a market valuation of $1.55 billion, with an average intraday trading volume of 8.25 million shares over the last ten days and 16.27 million shares for the last three months.
Trade data for Clean Energy Fuels Corp. (NASDAQ:CLNE).
Clean Energy Fuels Corp. (CLNE) fell -5.77 percent in the previous session and has been trading in the green for the past five sessions. In intraday trading on Thursday, July 22nd, the stock fell -5.77 percent to $7.68, a weekly high. The stock has moved -31.31 percent in 30 days and has a 5-day price performance of 0.39 percent. The overall pricing performance for the year is 212.20 percent based on these engagements. Clean Energy Fuels Corp. (NASDAQ:CLNE) has a short interest of 8.68 million shares, implying that shorts have 1.74 day(s) to cover.
CLNE (Clean Energy Fuels Corp.) projections and estimates
Clean Energy Fuels Corp. has lagged its competitors in terms of share price when compared to the industry in which it participates, according to statistics. Clean Energy Fuels Corp. (CLNE) shares have dropped -24.56 percent in the previous six months, with a year-to-date growth rate of -350.00 percent versus 10.50 percent for the industry. Analysts, on the other hand, are raising their growth forecasts for fiscal year 2021. Revenue is expected to increase by 100.00 percent this quarter and then by 200.00 percent the following quarter. Revenue will climb 10.40 percent over the previous financial year, according to the rating firms’ predictions.
According to 5 analysts, revenue for the current quarter will be $74.96 million (s). Meanwhile, sales is expected to climb to $83.19 million by the end of September 2021, according to a consensus of 6 analyst(s). Sales for the comparable quarters reached $59.85 million and $70.89 million, respectively, according to the earnings report from the previous fiscal year’s results. In this example, analysts anticipate a 25.20 percent increase in current-quarter sales, followed by a 17.40 percent increase in the following quarter.
According to a review of the company’s performance during the last five years, earnings have increased by an estimated 49.30 percent. While earnings are expected to return -149.60 percent in 2021, they are expected to return 15.00 percent each year over the next five years.
Dividends from CLNE
Between August 4 and August 9, Clean Energy Fuels Corp. will release its next quarterly results report. It’s crucial to remember, however, that the dividend yield ratio is only a guideline.
Clean Energy Fuels Corp. (NASDAQ:CLNE)’s Major holders
Major shareholders of Clean Energy Fuels Corp. (NASDAQ:CLNE) include insiders who own 23.54 percent of total outstanding shares and institutional investors who own 39.97 percent, with a float of 52.28 percent. Dimensional Fund Advisors LP is the company’s top shareholder, with 286 institutions owning stock. The corporation held over 11.26 million shares (or 5.63 percent of all shares) valued at $154.66 million as of March 30, 2021.
Blackrock Inc. is the second largest institutional position, accounting for approximately 5.13 percent of outstanding shares with 10.25 million shares. These shares were worth $140.81 million at the market price on March 30, 2021.
In addition, the SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Vanguard Total Stock Market Index Fund are the Mutual Funds with the greatest holdings in Clean Energy Fuels Corp. (CLNE) shares. The SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF has roughly 7.51 million shares, according to data from May 30, 2021. With a market value of $59.48 million, this represents slightly over 3.76 percent of the company’s total shares. According to the same data, the other fund manager owns 3.65 million shares, or approximately 1.82 percent of the stock, which is worth roughly $50.08 million. You can also check more on aurora cannabis Inc and alaska air group Inc.