StockNews.com Begins Coverage on ClearSign Technologies (NASDAQ:CLIR)

Equities researchers at StockNews.com assumed coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the technology company’s stock.

ClearSign Technologies Stock Up 17.1 %

ClearSign Technologies stock opened at $1.51 on Tuesday. The company has a market capitalization of $75.85 million, a PE ratio of -13.73 and a beta of 1.13. ClearSign Technologies has a 12-month low of $0.62 and a 12-month high of $1.72. The firm’s fifty day moving average is $1.15 and its 200 day moving average is $0.93.

Institutional Trading of ClearSign Technologies

An institutional investor recently bought a new position in ClearSign Technologies stock. Americana Partners LLC purchased a new position in ClearSign Technologies Co. (NASDAQ:CLIR) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,000 shares of the technology company’s stock, valued at approximately $25,000. Americana Partners LLC owned approximately 0.06% of ClearSign Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). 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.