CleanSpark Inc. [NASDAQ: CLSK] gained 2.71% on the last trading session, reaching $2.27 price per share at the time. CleanSpark Inc. represents 9.86 million in outstanding shares, while the company has a total market value of $21.52 million with the latest information. CLSK stock price has been found in the range of $2.145 to $2.36.
If compared to the average trading volume of 3.05M shares, CLSK reached a trading volume of 2901331 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about CleanSpark Inc. [CLSK]:
The Average True Range (ATR) for CleanSpark Inc. is set at 0.27, with the Price to Sales ratio for CLSK stock in the period of the last 12 months amounting to 2.62. The Price to Book ratio for the last quarter was 0.93, with the Price to Cash per share for the same quarter was set at 0.61.
Trading performance analysis for CLSK stock
CleanSpark Inc. [CLSK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.65. With this latest performance, CLSK shares gained by 33.53% in over the last four-week period, additionally sinking by -56.26% over the last 6 months – not to mention a drop of -88.73% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLSK stock in for the last two-week period is set at 56.62, with the RSI for the last a single of trading hit 58.29, and the three-weeks RSI is set at 54.57 for CleanSpark Inc. [CLSK]. The present Moving Average for the last 50 days of trading for this stock 1.85, while it was recorded at 2.19 for the last single week of trading, and 4.51 for the last 200 days.
CleanSpark Inc. [CLSK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and CleanSpark Inc. [CLSK] shares currently have an operating margin of -213.97 and a Gross Margin at -87.19. CleanSpark Inc.’s Net Margin is presently recorded at -576.18.
Return on Total Capital for CLSK is now -49.59, given the latest momentum, and Return on Invested Capital for the company is -136.96. Return on Equity for this stock declined to -149.49, with Return on Assets sitting at -127.43. When it comes to the capital structure of this company, CleanSpark Inc. [CLSK] has a Total Debt to Total Equity ratio set at 16.49. Additionally, CLSK Total Debt to Total Capital is recorded at 14.15, with Total Debt to Total Assets ending up at 13.29. Long-Term Debt to Equity for the company is recorded at 16.13, with the Long-Term Debt to Total Capital now at 13.85.
Reflecting on the efficiency of the workforce at the company, CleanSpark Inc. [CLSK] managed to generate an average of -$1,305,847 per employee. Receivables Turnover for the company is 9.84 with a Total Asset Turnover recorded at a value of 0.22.CleanSpark Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.80.
An analysis of insider ownership at CleanSpark Inc. [CLSK]
There are presently around $0 million, or 1.20% of CLSK stock, in the hands of institutional investors. The top three institutional holders of CLSK stocks are: HBC FINANCIAL SERVICES, PLLC with ownership of 63,706, which is approximately 0% of the company’s market cap and around 1.00% of the total institutional ownership; CETERA ADVISOR NETWORKS LLC, holding 28,900 shares of the stock with an approximate value of $64000.0 in CLSK stocks shares; and TOWNSQUARE CAPITAL LLC, currently with $54000.0 in CLSK stock with ownership of nearly New of the company’s market capitalization.
8 institutional holders increased their position in CleanSpark Inc. [NASDAQ:CLSK] by around 55,507 shares. Additionally, 0 investors decreased positions by around 0 shares, while 1 investors held positions by with 63,706 shares. The mentioned changes placed institutional holdings at 119,213 shares, according to the latest SEC report filing. CLSK stock had 8 new institutional investments in for a total of 55,507 shares, while 0 institutional investors sold positions of 0 shares during the same period.