Clever Leaves Holdings Inc. [CLVR] is 36.52% higher this YTD. Is it still time to buy?

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Clever Leaves Holdings Inc. [NASDAQ: CLVR] surged by $1.88 during the normal trading session on Friday and reaching a high of $12.4173 during the day while it closed the day at $12.15. The company report on April 1, 2021 that Clever Leaves Expands its Presence in Brazil and Peru Through Verdemed Partnership.

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Clever Leaves Partners with Leading Latin American Company to Provide EU-GMP and INVIMA Certified Products to Brazil and Peru.

Clever Leaves Holdings Inc. (NASDAQ: CLVR) (“Clever Leaves” or the “Company”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, announced an agreement with Verdemed Holdings Inc. (“Verdemed”), a Latin American pharmaceutical cannabis company based in Toronto, Canada, to supply finished CBD products for the Brazilian and Peruvian markets. The initial portfolio of products includes finished formulations of CBD oral solutions with different concentrations used for different indications.

The market cap for CLVR stock reached $256.00 million, with 24.93 million shares outstanding and 12.57 million shares in the current float. Compared to the average trading volume of 1.30M shares, CLVR reached a trading volume of 1901887 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Clever Leaves Holdings Inc. [CLVR]:

The Average True Range (ATR) for Clever Leaves Holdings Inc. is set at 1.06, with the Price to Sales ratio for CLVR stock in the period of the last 12 months amounting to 21.16. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 3.75.

CLVR stock trade performance evaluation

Clever Leaves Holdings Inc. [CLVR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.29.

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 CLVR stock in for the last two-week period is set at 50.67, with the RSI for the last a single of trading hit 54.89, and the three-weeks RSI is set at 49.35 for Clever Leaves Holdings Inc. [CLVR]. The present Moving Average for the last 50 days of trading for this stock 12.87, while it was recorded at 10.73 for the last single week of trading.

Clever Leaves Holdings Inc. [CLVR]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Clever Leaves Holdings Inc. [CLVR] shares currently have an operating margin of -221.56 and a Gross Margin at +45.88. Clever Leaves Holdings Inc.’s Net Margin is presently recorded at -302.67.

Return on Total Capital for CLVR is now -23.14, given the latest momentum, and Return on Invested Capital for the company is -32.26. Return on Equity for this stock declined to -45.90, with Return on Assets sitting at -28.04. When it comes to the capital structure of this company, Clever Leaves Holdings Inc. [CLVR] has a Total Debt to Total Equity ratio set at 29.61. Additionally, CLVR Total Debt to Total Capital is recorded at 22.84, with Total Debt to Total Assets ending up at 20.40. Long-Term Debt to Equity for the company is recorded at 29.61, with the Long-Term Debt to Total Capital now at 22.84.

Receivables Turnover for the company is 5.29 with a Total Asset Turnover recorded at a value of 0.09.Clever Leaves Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.40 and a Current Ratio set at 9.40.

Clever Leaves Holdings Inc. [CLVR]: Insider Ownership positions

There are presently around $58 million, or 19.10% of CLVR stock, in the hands of institutional investors. The top three institutional holders of CLVR stocks are: FARALLON CAPITAL MANAGEMENT LLC with ownership of 2,478,079, which is approximately New of the company’s market cap and around 18.50% of the total institutional ownership; WEISS MULTI-STRATEGY ADVISERS LLC, holding 406,780 shares of the stock with an approximate value of $4.94 million in CLVR stocks shares; and WEXFORD CAPITAL LP, currently with $3.75 million in CLVR stock with ownership of nearly 208.816% of the company’s market capitalization.

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34 institutional holders increased their position in Clever Leaves Holdings Inc. [NASDAQ:CLVR] by around 4,458,709 shares. Additionally, 38 investors decreased positions by around 17,815,090 shares, while 1 investors held positions by with 17,525,624 shares. The mentioned changes placed institutional holdings at 4,748,175 shares, according to the latest SEC report filing. CLVR stock had 33 new institutional investments in for a total of 4,249,893 shares, while 34 institutional investors sold positions of 16,622,976 shares during the same period.

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