Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cleanspark Inc’s current trading price is -62.22% away from its 52-week high, while its distance from the 52-week low is 176.33%. The stock’s price range during this period has varied between $3.38 and $24.72. The company, active in the Financial sector, saw a trading volume of around 20.82 million for the day, considerably lower average daily volume of 25.17 million observed over the last three months.
Cleanspark Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $24.72 on 03/27/24, and the lowest price during that time was $3.38, recorded on 10/06/23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
Cleanspark Inc (CLSK) has experienced a quarterly decline of -47.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.36B and boasts a workforce of 131 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.20, with a change in price of -7.20. Similarly, Cleanspark Inc recorded 27,052,508 in trading volume during the last 100 days, posting a change of -43.53%.
How CLSK’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Cleanspark Inc over the last 50 days is at 11.82%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 53.50%. Further, the company’s Stochastic %K and %D values for the last 20 days were 61.79% and 54.85%, respectively.
CLSK Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -15.32%. However, over the last six months, the performance has been stronger by -49.73%. The price of CLSK decreased -13.60% over the last 30 days. And in the last five days, it has surged by 1.85%.
