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

Stock analysts at StockNews.com assumed coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a report issued on Tuesday. The brokerage set a “sell” rating on the technology company’s stock.

ClearSign Technologies Price Performance

CLIR opened at $1.51 on Tuesday. ClearSign Technologies has a fifty-two week low of $0.62 and a fifty-two week high of $1.72. The firm has a market capitalization of $75.85 million, a PE ratio of -13.73 and a beta of 1.13. The company’s 50-day moving average is $1.15 and its 200 day moving average is $0.93.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ClearSign Technologies stock. Americana Partners LLC acquired a new stake in shares of ClearSign Technologies Co. (NASDAQ:CLIR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm 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 at the end of the most recent quarter. 24.03% of the stock is currently owned by institutional investors and hedge funds.

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.