The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cleanspark Inc’s current trading price is -53.36% away from its 52-week high, while its distance from the 52-week low is 65.90%. The stock’s price range for this period has been between $6.95 and $24.72 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 25.21 million for the day, a number notably lower than the average daily volume of 35.05 million over the last three 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 $6.95 on 01/25/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cleanspark Inc (CLSK) has experienced a quarterly decline of -9.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.24B and boasts a workforce of 270 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.29, with a change in price of +0.85. Similarly, Cleanspark Inc recorded 30,198,281 in trading volume during the last 100 days, posting a change of +7.96%.
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 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
CLSK Stock Stochastic Average
Cleanspark Inc’s raw stochastic average for the past 50 days is presently 28.01%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 74.23%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 69.20% and 64.95%, respectively.
CLSK Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 25.19% this year. Over the last six months, there has been a stronger performance of -33.93%. The price of CLSK fallen by 3.50% during the last 30 days period. For the last 5-days stocks have improved 3.13%.
