CLIR stock: buy or sell?

CLIR stock price: $0.53 -5.36% At close on April 6th, 2020

Updated on:
April 6th, 2020

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ClearSign Combustion shares plummed -5.36% to $0.53 today. On Tuesday CLIR rocketed a super good 11.11%. Monday was the 3rd red session in a row, sliding in full a -26.39%.

ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems the United States.

Should I buy CLIR stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, ClearSign Combustion stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is ClearSign Combustion stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for CLIR stock for the last month.

CLIR stock analysis

Daily outlook

Shares of ClearSign Combustion closed today at $0.53 and plummed a hair-raising -5.36%.

ClearSign Combustion closed today at $0.53 and plummed a hair-raising -5.36%. CLIR is soaring again after a 40.00% correction from its last top on Mar 25th at $0.85.

CLIR stock chart (daily)

Weekly outlook

ClearSign Combustion shares plummed -5.36% this week, ending at $0.53. Late March CLIR boosted an extraordinary 45.07% in just one week.

ClearSign Combustion is in a clear downtrend, marking successive falling tops and bottoms. Now is trading in between the - range. There is an opportunity to rebound and reverse this situation if price can hold above the level. Since price and 40-weeks moving average lines crossed down late October 2019, CLIR fell $-0.57 per share (-51.82%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.

CLIR stock chart (weekly)

CLIR stock price history

CLIR IPO was on April 25th, 2012 at $4.11 per share1. Since then, CLIR stock declined a -87.10%, with a yearly average of -12.40%.

1: Adjusted price after possible price splits or reverse-splits.

CLIR stock historical price chart

CLIR stock reached 52-week highs on July at $1.50, and all-time highs 2014-01-16 with a price of 13.87.

CLIR stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for ClearSign Combustion stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , ClearSign Combustion . As soon as we get its actual EPS from the earnings report, we will extend this review.
CLIR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.16n/a
2017-Q2-n/a-0.14n/a
2017-Q32017-11-09n/an/an/a
2017-Q42018-03-27n/a-0.17n/a
2018-Q12018-05-11n/a-0.13n/a
2018-Q22018-08-13n/a-0.11n/a
2018-Q32018-11-08n/a-0.09n/a
2018-Q42019-02-20n/a-0.1n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, ClearSign Combustion annual turnover slightly fell a bad -1.85% to $0.53 million USD from $0.54 marked in 2017. However, its earnings margin (compared to sales) remained stable to -1,792.45%, that is $-9.50 million.

CLIR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$0.09 M-$-5.29 M-5688.2%-
2015$0.06 M-34.41%$-7.90 M-12947.5%49.30%
2016$0.62 M918.03%$-11.17 M-1799.2%41.47%
2017$0.54 M-13.04%$-9.68 M-1792.6%-13.36%
2018$0.53 M-1.85%$-9.50 M-1792.5%-1.86%

Quarterly financial results

Reported quarter income marked $-2.54 million with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was inf%. When comparing sales to same quarter last year, ClearSign Combustion sales marked a scary drop down and collapsed a -100.00%. Looking back to recent quarterly results, ClearSign Combustion posted 3 negative quarters in a row.
CLIR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$0.36 M-$-2.38 M-661.1%-
2017-Q4$0.18 M-50.00%$-2.59 M-1440.6%8.95%
2018-Q1$0.53 M194.44%$-2.28 M-429.8%-12.15%

ClearSign Combustion ownership

When you are planning to buy shares of a stock, it's worth to check its ownership structure.

ClearSign Combustion shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 49.05% of all shares.

In case of ClearSign Combustion stock, 12.19% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CLIR stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

CLIR
Market cap$14.2 M
Total shares26.7 M
Float shares24.1 M
  - Institutional holdings (%)12.2%
  - Insider holdings (%)49.0%
Shares in short selling0.0%

CLIR summary

Monday, April 6th, 2020
Open$0.56
Close$0.53
Day range$0.50 - $0.56
Previous close$0.56
Session gain-5.36%
Average true range$0.14
50d mov avg$0.76
100d mov avg$0.83
200d mov avg$1.01
Daily patternlb01a
Weekly pattern lt02a

ClearSign Combustion performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For ClearSign Combustion, the benchmark is made against .
Stock3m6m12m
CLIRClearSign Combust...-43.01%-51.82%-38.37%

ClearSign Combustion competitors

Unfortunately, we could not find any public company that could be defined as ClearSign Combustion competitor. This doesn't mean ClearSign Combustion does not have any competitor in the market, it's just we could not detected it.