ClearOne stock: buy or sell?
August 21st, 2019
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for audio\u002Fvoice and visual communications in the United States and internationally.
Should I buy ClearOne 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 fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, ClearOne 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 ClearOne stock a buy?
Banks and financial institutions post stock ratings everyday.Unfortunately, we couldn't detect any rating for CLRO stock for the last month.
ClearOne stock analysis
ClearOne slightly fell an ugly -0.90% and closed at $2.20.
Shares of ClearOne closed yesterday at $2.20 and slightly fell an ugly -0.90%. On May, SMA100d and SMA200d crossed up triggering a rise of 0.46%. CLRO is retaking the upward trend marking a new rising bottom heading to break out over $2.49. Since price and SMA200d lines crossed up on April, CLRO climbed $0.17 (8.37%).
ClearOne closed this week at $2.20 and slightly fell an ugly -1.35%. By mid July CLRO plummed a bloodcurdling -11.94% in just one week. Early August CLRO boosted a super good 5.60% in just one week.
ClearOne stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Early May, 20w simple moving average crossed up 40w SMA. Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
ClearOne stock price history
ClearOne IPO was on March 3rd, 1989 at $1.27 per share1. Since then, CLRO stock surged a 73.20%, with an average of 2.40% per year. If you had invested right after CLRO's IPO a $1,000 in ClearOne stock in 1989, it would worth $732.00 today.
1: Adjusted price after possible price splits or reverse-splits.
ClearOne stock historical price chart
CLRO stock reached 52-week highs at $3.45, and all-time highs 2000-03-14 with a price of 22.51.
ClearOne stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 found any price forecast for ClearOne stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on November, ClearOne . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a spooky slide of -32.65% to $28.16 M USD. Similarly, its profit margin (compared to revenues) plunged to -59.27%, that is $-16.69 million. ClearOne presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, ClearOne TTM sales up to September 2018 were $30.20 and earnings $-17.76 M USD. If we compare this TTM figures with the last reported annuality, we can review ClearOne business evolution since December 2018: Annual sales up to September, compared to lastest yearly report, jumped a shining 7.25%. Nevertheless, profit margin (net income/sales) remained steady at -59.27%.
|2012||$46 M||-||$27 M57.4%||-|
|2013||$50 M||6.83%||$5.18 M10.4%||-80.56%|
|2014||$58 M||16.78%||$5.60 M9.7%||8.03%|
|2015||$58 M||-0.20%||$6.78 M11.7%||21.09%|
|2016||$49 M||-15.85%||$2.44 M5.0%||-63.93%|
|2017||$42 M||-14.05%||$-14.17 M-33.9%||-679.87%|
|2018||$28 M||-32.65%||$-16.69 M-59.3%||17.75%|
|TTM||$30 M||7.25%||$-17.76 M-58.8%||6.42%|
Quarterly financial resultsClearOne posted $6.68 M in revenues for 2018-Q3, a -4.13% decline compared to previous quarter. Reported quarter income marked $-10.14 M with a profit margin of -151.76%. Profit margin collapsed a -120.73% compared to previous quarter when profit margin was -31.03%. When comparing revenues to same quarter last year, ClearOne sales marked a chilling loss and plunged a -36.71%. Looking back to recent quarterly results, ClearOne posted 4 positive quarters in a row.
|2017-Q1||$12 M||-||$-0.47 M-4.0%||-|
|2017-Q2||$10 M||-11.73%||$-0.82 M-8.0%||75.21%|
|2017-Q3||$11 M||2.42%||$-9.28 M-87.8%||1,031.22%|
|2017-Q4||$9 M||-12.36%||$-3.61 M-39.0%||-61.10%|
|2018-Q1||$7 M||-21.24%||$-1.85 M-25.3%||-48.84%|
|2018-Q2||$7 M||-4.36%||$-2.16 M-31.0%||17.17%|
|2018-Q3||$7 M||-4.13%||$-10.14 M-151.8%||368.89%|
|2018-Q4||$7 M||7.93%||$-2.54 M-35.2%||-75.00%|
ClearOne ownershipWhen you are planning to invest in a company, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ClearOne, 145.02% of all outstanding shares are owned by its staff.
In case of ClearOne stock, 9.89% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CLRO stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to ClearOne:
|Market cap||$36.6 M||$206.2 B||$6.7 B||$1.1 B||$738.7 M|
|Total shares||16.6 M||4,280.0 M||166.6 M||39.5 M||31.1 M|
|Float shares||4.7 M||4,280.0 M||161.6 M||31.1 M||30.5 M|
|- Institutional holdings (%)||9.9%||77.3%||0.0%||98.8%||119.3%|
|- Insider holdings (%)||145.0%||0.1%||0.0%||0.9%||2.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Wednesday, August 21st, 2019|
|Day range||$2.20 - $2.40|
|Average true range||$0.18|
|50d mov avg||$2.23|
|100d mov avg||$2.18|
|200d mov avg||$1.89|
ClearOne performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared ClearOne against Cisco Systems, Logitech International, Plantronics and Vocera Communications in the following table: