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Can Cleanspark Inc Bounce Back? 52-Week Performance and Analyst Predictions

Cleanspark Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $24.72 on 03/27/24, while the lowest price for the same duration was marked at $3.38 on 10/06/23.

52-week price history of CLSK Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cleanspark Inc’s current trading price is -45.47% away from its 52-week high, while its distance from the 52-week low is 298.82%. The stock’s price range during the 52-week period has remained between $3.38 and $24.72. In the Financial sector, the company’s shares saw a trading volume of around 37.69 million for the day, which was evidently higher than the average daily volume of 30.43 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Cleanspark Inc (CLSK) has experienced a quarterly decline of -15.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.07B and boasts a workforce of 131 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 17.09, with a change in price of -3.43. Similarly, Cleanspark Inc recorded 31,418,541 in trading volume during the last 100 days, posting a change of -20.28%.

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 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.

CLSK Stock Stochastic Average

As of today, Cleanspark Inc’s raw stochastic average for the last 50 days stands at 3.24%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 3.31%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 9.42% and 14.43%, respectively.

CLSK Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 22.21% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 61.24%. Over the past 30 days, the price of CLSK has leaped by -16.53%. And in the last five days, it has fallen by -21.26%.

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