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

StockNews.com initiated coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a research report sent to investors on Tuesday. The brokerage issued a sell rating on the technology company’s stock.

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

ClearSign Technologies Price Performance

Shares of ClearSign Technologies stock opened at $1.18 on Tuesday. The firm has a fifty day moving average price of $0.89 and a 200 day moving average price of $0.82. ClearSign Technologies has a 1 year low of $0.62 and a 1 year high of $1.42. The stock has a market cap of $59.27 million, a PE ratio of -10.18 and a beta of 1.07.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ClearSign Technologies stock. Americana Partners LLC acquired a new stake in ClearSign Technologies Co. (NASDAQ:CLIR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 30,000 shares of the technology company’s stock, valued at approximately $25,000. Americana Partners LLC owned approximately 0.06% of ClearSign Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). 24.03% of the stock is owned by institutional investors and hedge funds.

ClearSign Technologies Company Profile

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.