ClearOne Inc [CLRO] stock prices are up 127.55% to $2.06 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CLRO shares have gain 123.91% over the last week, with a monthly amount glided 103.96%, and seem to be holding up well over a long-time horizon.
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On 11, March 2024, ClearOne Announces a Special One-time Cash Dividend. In a post published today on Yahoo Finance, ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has declared a one-time special cash dividend of $0.50 per share of ClearOne common stock, payable on April 10, 2024 to shareholders of record on April 2, 2024. Because the special cash dividend exceeds twenty-five percent (25%) of the value of the Company’s common stock, in accordance with FINRA UPC (Uniform Practice Code) Rule 11140, a stockholder of the Company that sells shares of the Company’s common stock on or prior to the payment date of April 10, 2024 will not receive the one-time special cash dividend for the Company shares that are sold.
From an analyst’s perspective:
ClearOne Inc [NASDAQ: CLRO] stock has seen the most recent analyst activity on August 16, 2018, when Singular Research reiterated its BUY – Long-Term rating and also boosted its price target to $6 from $4.
The stock price of ClearOne Inc [CLRO] has been fluctuating between $0.63 and $1.49 over the past year. ClearOne Inc [NASDAQ: CLRO] shares were valued at $2.06 at the most recent close of the market.
Analyzing the CLRO fundamentals
The ClearOne Inc [NASDAQ:CLRO] reported sales of 18.57M for trailing twelve months, representing a drop of -21.95%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 1.36%, Pretax Profit Margin comes in at 1.49%, and Net Profit Margin reading is 1.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.42, Equity is 0.36 and Total Capital is 0.58. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.6200 points at the first support level, and at 1.1800 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.4900, and for the 2nd resistance point, it is at 2.9200.
ClearOne Inc [CLRO] reported earnings per share of -$0.22 for its fiscal quarter that ended on 6/29/2018. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.25/share, meaning a difference of $0.03 and a surprise factor of 12.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2018 were -$0.18 per share as compared to estimates of $0.07 per share, a difference of -$0.25 representing a surprise of -357.10%.
Ratios To Look Out For
It’s worth pointing out that ClearOne Inc [NASDAQ:CLRO]’s Current Ratio is 7.88. On the other hand, the Quick Ratio is 6.26, and the Cash Ratio is 2.56. Considering the valuation of this stock, the price to sales ratio is 2.66, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 2.48.
Transactions by insiders
Recent insider trading involved BAGLEY EDWARD D, 10% Owner, that happened on Dec 14 ’23 when 9541.0 shares were purchased. 10% Owner, BAGLEY EDWARD D completed a deal on Dec 13 ’23 to buy 4019.0 shares. Meanwhile, 10% Owner BAGLEY EDWARD D bought 11582.0 shares on Dec 12 ’23.
