ClearSign Technologies (NASDAQ:CLIR) Research Coverage Started at StockNews.com

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

ClearSign Technologies Price Performance

Shares of NASDAQ:CLIR opened at $1.22 on Wednesday. The business has a 50-day moving average of $1.20 and a two-hundred day moving average of $0.95. The firm has a market capitalization of $61.28 million, a PE ratio of -11.09 and a beta of 1.13. ClearSign Technologies has a 12 month low of $0.62 and a 12 month high of $1.72.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ClearSign Technologies stock. Geode Capital Management LLC increased its holdings in shares of ClearSign Technologies Co. (NASDAQ:CLIR) by 35.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 521,229 shares of the technology company’s stock after purchasing an additional 136,639 shares during the period. Geode Capital Management LLC owned 1.04% of ClearSign Technologies worth $443,000 as of its most recent filing with the Securities and Exchange Commission. 24.03% of the stock is owned by hedge funds and other institutional investors.

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.