StockNews.com started coverage on shares of ClearSign Technologies (NASDAQ:CLIR – Free Report) in a report published on Tuesday. The brokerage issued a sell rating on the technology company’s stock.
Separately, HC Wainwright reaffirmed a buy rating and issued a $6.00 price target on shares of ClearSign Technologies in a research note on Thursday, August 22nd.
Read Our Latest Analysis on CLIR
ClearSign Technologies Price Performance
ClearSign Technologies (NASDAQ:CLIR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 21st. The technology company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). ClearSign Technologies had a negative return on equity of 66.91% and a negative net margin of 210.18%. The firm had revenue of $0.05 million during the quarter, compared to analyst estimates of $0.33 million. During the same period last year, the company earned ($0.04) EPS. As a group, equities research analysts expect that ClearSign Technologies will post -0.13 EPS for the current year.
Institutional Inflows and Outflows
An institutional investor recently raised its position in ClearSign Technologies stock. Disciplined Investments LLC lifted its position in shares of ClearSign Technologies Co. (NASDAQ:CLIR – Free Report) by 223.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,016 shares of the technology company’s stock after buying an additional 33,152 shares during the quarter. Disciplined Investments LLC owned approximately 0.12% of ClearSign Technologies worth $46,000 at the end of the most recent quarter. Institutional investors and hedge funds own 24.03% of the company’s stock.
ClearSign Technologies Company Profile
ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.
Recommended Stories
- Five stocks we like better than ClearSign Technologies
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Why Lennar Stock Could Be the Best Play in the Housing Market
- What is an Earnings Surprise?
- 2 Energy Stocks Fueling the AI Datacenter Boom
- What is the NASDAQ Stock Exchange?
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for ClearSign Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearSign Technologies and related companies with MarketBeat.com's FREE daily email newsletter.