ClearSign Technologies (NASDAQ:CLIR) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a research report issued to clients and investors on Monday. The firm set a “sell” rating on the technology company’s stock.

Separately, HC Wainwright reissued a “buy” rating and issued a $6.00 target price on shares of ClearSign Technologies in a report on Thursday, August 22nd.

ClearSign Technologies Price Performance

NASDAQ CLIR opened at $0.86 on Monday. ClearSign Technologies has a 1-year low of $0.62 and a 1-year high of $1.72. The business has a 50 day simple moving average of $0.84 and a two-hundred day simple moving average of $0.81. The stock has a market capitalization of $43.18 million, a PE ratio of -7.82 and a beta of 1.07.

Institutional Trading of ClearSign Technologies

A hedge fund recently bought a new stake in ClearSign Technologies stock. Americana Partners LLC acquired a new position in shares of ClearSign Technologies Co. (NASDAQ:CLIR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 30,000 shares of the technology company’s stock, valued at approximately $25,000. Americana Partners LLC owned about 0.06% of ClearSign Technologies at the end of the most recent reporting period. Hedge funds and other institutional investors own 24.03% of the company’s stock.

About ClearSign Technologies

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.