CLIR stock: buy or sell?
April 6th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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.
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 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 targetPredicting 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 ShareAfter presenting its last earnings report , ClearSign Combustion . As soon as we get its actual EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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.
|2013||$0.09 M||-||$-5.29 M-5688.2%||-|
|2015||$0.06 M||-34.41%||$-7.90 M-12947.5%||49.30%|
|2016||$0.62 M||918.03%||$-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 resultsReported 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.
|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||$0.53 M||194.44%||$-2.28 M-429.8%||-12.15%|
ClearSign Combustion ownershipWhen 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:
|Market cap||$14.2 M|
|Total shares||26.7 M|
|Float shares||24.1 M|
|- Institutional holdings (%)||12.2%|
|- Insider holdings (%)||49.0%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$0.50 - $0.56|
|Average true range||$0.14|
|50d mov avg||$0.76|
|100d mov avg||$0.83|
|200d mov avg||$1.01|
ClearSign Combustion performanceStocks 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 .