StockNews.com Begins Coverage on ClearSign Technologies (NASDAQ:CLIR)

Investment analysts at StockNews.com assumed coverage on shares of ClearSign Technologies (NASDAQ:CLIRGet Free Report) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the technology company’s stock.

ClearSign Technologies Trading Down 1.6 %

NASDAQ CLIR opened at $1.21 on Wednesday. The stock has a market cap of $60.78 million, a P/E ratio of -11.00 and a beta of 1.13. ClearSign Technologies has a 12-month low of $0.62 and a 12-month high of $1.72. The company has a fifty day simple moving average of $1.20 and a two-hundred day simple moving average of $0.95.

Institutional Trading of ClearSign Technologies

An institutional investor recently raised its position in ClearSign Technologies stock. Geode Capital Management LLC boosted its position in ClearSign Technologies Co. (NASDAQ:CLIRFree Report) by 35.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 521,229 shares of the technology company’s stock after buying an additional 136,639 shares during the period. Geode Capital Management LLC owned approximately 1.04% of ClearSign Technologies worth $443,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 24.03% of the company’s stock.

ClearSign Technologies Company Profile

(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.

Further Reading

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