Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cleanspark Inc’s current trading price is -37.72% away from its 52-week high, while its distance from the 52-week low is 355.47%. The stock’s price range over this period has fluctuated between $3.38 and $24.72. The company, operating within the financial sector, had a trading volume of approximately 12.92 million for the day, which was noticeably lower than the average daily share volume of 30.13 million over the last 3 months.
Cleanspark Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $24.72 on 03/27/24, while the lowest price for the same period was registered at $3.38 on 10/06/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cleanspark Inc (CLSK) has experienced a quarterly decline of -2.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.51B and boasts a workforce of 131 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.17, with a change in price of -2.37. Similarly, Cleanspark Inc recorded 33,474,512 in trading volume during the last 100 days, posting a change of -13.29%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CLSK stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
CLSK Stock Stochastic Average
Today’s raw stochastic average for Cleanspark Inc over the last 50 days is 19.61%.This indicates a increase from the raw stochastic average of the past 20 days, which was 11.16%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 9.35% and 12.13%, respectively.
CLSK Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 39.57%.However, over the last six months, we can see a weaker performance of 54.18%. Over the last 30 days, the price of CLSK has leaped by -3.48%. And in the last five days, it has fallen by -4.08%.