ClearSign Technologies (NASDAQ:CLIR – Get Free Report) released its quarterly earnings data on Wednesday. The technology company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01, Zacks reports. ClearSign Technologies had a negative return on equity of 50.44% and a negative net margin of 118.93%.
ClearSign Technologies Stock Performance
CLIR opened at $0.73 on Thursday. The company has a market cap of $36.80 million, a PE ratio of -6.66 and a beta of 1.18. The stock has a 50-day moving average of $0.92 and a 200-day moving average of $0.98. ClearSign Technologies has a 52-week low of $0.62 and a 52-week high of $1.72.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of ClearSign Technologies in a research note on Thursday. They set a “sell” rating on the 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.
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