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. Year to date metric has recorded a gain of 69.36%.However, over the last six months, we can see a weaker performance of 304.33%. Over the last 30 days, the price of CLSK has leaped by -19.17%. And in the last five days, it has surged by 8.60%.
Cleanspark Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $24.72 on 03/27/24 and the lowest value was $3.33 on 05/02/23.
52-week price history of CLSK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cleanspark Inc’s current trading price is -24.43% away from its 52-week high, while its distance from the 52-week low is 460.96%. The stock’s price range during this period has varied between$3.33 and $24.72. The Cleanspark Inc’s shares, which operate in the Financial, saw a trading volume of around 10.92 million for the day, a figure considerably lower than their average daily volume of 38.23 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cleanspark Inc (CLSK) has experienced a quarterly rise of 133.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.21B and boasts a workforce of 131 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.84, with a change in price of +10.96. Similarly, Cleanspark Inc recorded 33,898,555 in trading volume during the last 100 days, posting a change of +143.41%.
CLSK’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CLSK stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
CLSK Stock Stochastic Average
Cleanspark Inc’s raw stochastic average for the past 50 days is presently 44.43%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 63.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 58.34% and 57.56%, respectively.
