ClearOne (NASDAQ:CLRO) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of ClearOne (NASDAQ:CLROGet Free Report) in a research report issued on Monday. The brokerage set a “hold” rating on the communications equipment provider’s stock.

ClearOne Stock Up 11.1 %

NASDAQ:CLRO opened at $0.60 on Monday. The firm has a market capitalization of $14.38 million, a P/E ratio of -3.33 and a beta of 0.76. ClearOne has a twelve month low of $0.46 and a twelve month high of $2.48. The company has a fifty day moving average of $0.56 and a 200-day moving average of $0.62.

ClearOne Company Profile

(Get Free Report)

ClearOne, Inc, together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices.

Further Reading

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