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

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

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

ClearSign Technologies Stock Performance

Shares of CLIR opened at $1.03 on Tuesday. The company has a market capitalization of $51.74 million, a price-to-earnings ratio of -9.36 and a beta of 1.07. ClearSign Technologies has a fifty-two week low of $0.62 and a fifty-two week high of $1.72. The firm has a 50-day simple moving average of $0.87 and a 200-day simple moving average of $0.82.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ClearSign Technologies stock. Americana Partners LLC purchased a new position in shares of ClearSign Technologies Co. (NASDAQ:CLIR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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 SEC filing. Hedge funds and other institutional investors own 24.03% of the company’s stock.

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.