ClearSign Technologies (NASDAQ:CLIR) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a research report released on Tuesday morning. The firm issued a sell rating on the technology company’s stock.

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

ClearSign Technologies Price Performance

CLIR opened at $1.12 on Tuesday. The stock’s 50 day simple moving average is $0.88 and its 200 day simple moving average is $0.82. The firm has a market cap of $56.26 million, a price-to-earnings ratio of -10.18 and a beta of 1.07. ClearSign Technologies has a 1 year low of $0.62 and a 1 year high of $1.61.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ClearSign Technologies stock. Americana Partners LLC bought a new stake in shares of ClearSign Technologies Co. (NASDAQ:CLIR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 30,000 shares of the technology company’s stock, valued at approximately $25,000. Americana Partners LLC owned 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.