Creative Planning Reduces Holdings in ClearSign Technologies Co. (NASDAQ:CLIR)

Creative Planning trimmed its position in shares of ClearSign Technologies Co. (NASDAQ:CLIR) by 22.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 207,070 shares of the technology company’s stock after selling 59,198 shares during the quarter. Creative Planning owned 0.41% of ClearSign Technologies worth $176,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Prevail Innovative Wealth Advisors LLC bought a new stake in shares of ClearSign Technologies during the first quarter worth $45,000. Institutional investors own 24.03% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. HC Wainwright reiterated a “buy” rating and set a $6.00 target price on shares of ClearSign Technologies in a research report on Thursday, August 22nd. StockNews.com started coverage on ClearSign Technologies in a report on Sunday. They issued a “sell” rating for the company.

ClearSign Technologies Price Performance

CLIR stock opened at $0.90 on Tuesday. The business has a 50-day moving average price of $0.82 and a 200 day moving average price of $0.80. The company has a market capitalization of $45.19 million, a P/E ratio of -7.50 and a beta of 1.07. ClearSign Technologies Co. has a 1-year low of $0.62 and a 1-year high of $1.72.

ClearSign Technologies (NASDAQ:CLIR) last released its quarterly earnings data on Wednesday, August 21st. The technology company reported ($0.04) earnings per share for the quarter, meeting the consensus estimate of ($0.04). The firm had revenue of $0.05 million during the quarter, compared to the consensus estimate of $0.33 million. ClearSign Technologies had a negative return on equity of 66.91% and a negative net margin of 210.18%. During the same period in the previous year, the company posted ($0.04) earnings per share. On average, analysts anticipate that ClearSign Technologies Co. will post -0.13 earnings per share for the current fiscal year.

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.