ClearSign Technologies (NASDAQ:CLIR) Earns Sell Rating from Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of ClearSign Technologies (NASDAQ:CLIRGet Free Report) in a report issued on Friday. The firm set a “sell” rating on the technology company’s stock.

Separately, HC Wainwright restated a “buy” rating and issued a $6.00 price objective on shares of ClearSign Technologies in a research note on Thursday, August 22nd.

Read Our Latest Stock Report on CLIR

ClearSign Technologies Price Performance

Shares of CLIR opened at $1.09 on Friday. ClearSign Technologies has a 1 year low of $0.62 and a 1 year high of $1.35. The stock’s fifty day moving average price is $0.98 and its two-hundred day moving average price is $0.85. The firm has a market cap of $54.76 million, a PE ratio of -9.91 and a beta of 1.14.

Hedge Funds Weigh In On ClearSign Technologies

A hedge fund recently bought a new stake in ClearSign Technologies stock. Americana Partners LLC acquired a new position in shares of ClearSign Technologies Co. (NASDAQ:CLIRFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 30,000 shares of the technology company’s stock, valued at approximately $25,000. Americana Partners LLC owned approximately 0.06% of ClearSign Technologies as of its most recent filing with the Securities and Exchange Commission. 24.03% of the stock is currently owned by institutional investors and hedge funds.

About ClearSign Technologies

(Get Free Report)

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.

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