The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. ClearOne Inc’s current trading price is -22.94% away from its 52-week high, while its distance from the 52-week low is 187.91%. The stock’s price range for this period has been between $0.46 and $1.70 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 4.77 million for the day, a number notably higher than the average daily volume of 0.28 million over the last three months.
ClearOne Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $1.70 on 03/12/24 and a low of $0.46 for the same time frame on 11/27/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ClearOne Inc (CLRO) has experienced a quarterly rise of 113.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.26M and boasts a workforce of 82 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5850, with a change in price of +0.6620. Similarly, ClearOne Inc recorded 239,775 in trading volume during the last 100 days, posting a change of +102.16%.
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 CLRO stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
CLRO Stock Stochastic Average
ClearOne Inc’s raw stochastic average for the past 50 days is presently 90.48%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 89.95%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 73.34% and 65.28%, respectively.
CLRO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 67.43%. However, over the past six months, we’ve seen a weaker performance of 90.41%. The price of CLRO fallen by 162.00% over the last 30 days. And in the last five days, it has surged by 122.03%.
