StockNews.com Begins Coverage on ClearSign Technologies (NASDAQ:CLIR)

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

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

ClearSign Technologies Stock Performance

NASDAQ:CLIR opened at $1.13 on Friday. The stock has a market cap of $56.76 million, a price-to-earnings ratio of -10.27 and a beta of 1.14. ClearSign Technologies has a 1 year low of $0.62 and a 1 year high of $1.32. The business has a fifty day moving average of $0.99 and a 200-day moving average of $0.86.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ClearSign Technologies stock. Americana Partners LLC purchased a new stake in ClearSign Technologies Co. (NASDAQ:CLIR) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 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 quarter. 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.