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

Equities research analysts at StockNews.com started coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a report issued on Sunday. The firm set a “sell” rating on the technology company’s stock.

ClearSign Technologies Stock Performance

ClearSign Technologies stock opened at $1.32 on Friday. The stock’s 50 day moving average price is $1.09 and its 200 day moving average price is $0.90. The firm has a market capitalization of $66.31 million, a PE ratio of -12.00 and a beta of 1.13. ClearSign Technologies has a one year low of $0.62 and a one year high of $1.72.

Institutional Investors Weigh In On ClearSign Technologies

A hedge fund recently raised its stake in ClearSign Technologies stock. Geode Capital Management LLC raised its position in ClearSign Technologies Co. (NASDAQ:CLIR) by 35.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 521,229 shares of the technology company’s stock after buying an additional 136,639 shares during the period. Geode Capital Management LLC owned approximately 1.04% of ClearSign Technologies worth $443,000 at the end of the most recent quarter. 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.