ClearSign Technologies (NASDAQ:CLIR) Now Covered by StockNews.com

Analysts at StockNews.com started coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the technology company’s stock.

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

ClearSign Technologies Stock Performance

CLIR stock opened at $1.16 on Thursday. The firm has a market cap of $58.27 million, a P/E ratio of -10.55 and a beta of 1.14. The firm’s fifty day moving average is $0.96 and its 200 day moving average is $0.85. ClearSign Technologies has a 52 week low of $0.62 and a 52 week high of $1.42.

Institutional Trading of ClearSign Technologies

An institutional investor recently raised its position in ClearSign Technologies stock. Geode Capital Management LLC raised its position in shares of ClearSign Technologies Co. (NASDAQ:CLIR) by 35.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 about 1.04% of ClearSign Technologies worth $443,000 at the end of the most recent reporting period. 24.03% of the stock is currently owned by institutional investors.

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.