ClearSign Technologies (NASDAQ:CLIR) Earns Sell Rating from Analysts at StockNews.com

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

ClearSign Technologies Stock Down 3.0 %

CLIR stock opened at $1.30 on Tuesday. ClearSign Technologies has a twelve month low of $0.62 and a twelve month high of $1.72. The firm has a market capitalization of $65.30 million, a PE ratio of -11.82 and a beta of 1.13. The stock has a 50-day simple moving average of $1.18 and a two-hundred day simple moving average of $0.94.

Institutional Trading of ClearSign Technologies

A hedge fund recently raised its stake in ClearSign Technologies stock. Geode Capital Management LLC lifted its position in ClearSign Technologies Co. (NASDAQ:CLIR) by 35.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 521,229 shares of the technology company’s stock after purchasing an additional 136,639 shares during the quarter. Geode Capital Management LLC owned about 1.04% of ClearSign Technologies worth $443,000 at the end of the most recent quarter. Institutional investors own 24.03% of the company’s stock.

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.