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Cleanspark Inc’s Mixed Bag: Down -6.64% in 6 Months, Down 1.81% in 30 Days

The stock of Cleanspark Inc (CLSK) is currently priced at $3.94. In the last session, the stock climbed significantly, topping out at $4.03 after opening at $3.83. The day’s lowest price was $3.75 before the stock closed at $3.84.

Cleanspark Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $7.60 on 07/17/23 and the lowest value was $1.74 on 12/19/22.

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52-week price history of CLSK Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Cleanspark Inc’s current trading price is -48.15% away from its 52-week high, while its distance from the 52-week low is 126.44%. The stock’s price range during this period has spanned from $1.74 to $7.60. In the Financial sector, the Cleanspark Inc’s shares surpassed a trading volume of approximately 9.79 million for the day, which was noticeably lower compared to the average daily volume of 9.12.89 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Cleanspark Inc (CLSK) has experienced a quarterly decline of -20.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 601.40M and boasts a workforce of 130 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.81, with a change in price of -0.29. Similarly, Cleanspark Inc recorded 12,616,686 in trading volume during the last 100 days, posting a change of -6.86%.

Examining CLSK’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CLSK stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.

CLSK Stock Stochastic Average

Today’s raw stochastic average for Cleanspark Inc over the last 50 days is 32.37%.This indicates a increase from the raw stochastic average of the past 20 days, which was 29.09%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 31.31% and 29.90%, respectively.

CLSK Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 93.14% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -6.64%. Over the past 30 days, the price of CLSK has fallen by 1.81%. And in the last five days, it has surged by 5.35%.

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