A share price of ClearOne Inc [CLRO] is currently trading at $0.58, down -1.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The CLRO shares have gain 9.85% over the last week, with a monthly amount glided 21.62%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
ClearOne Inc experienced fluctuations in its stock price throughout the past year between $0.46 and $1.70. ClearOne Inc [NASDAQ: CLRO] shares were valued at $0.58 at the most recent close of the market.
Analyzing the CLRO fundamentals
Trailing Twelve Months sales for ClearOne Inc [NASDAQ:CLRO] were 12.58M which represents -48.78% decline. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.71%, Pretax Profit Margin comes in at -0.3%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.14 and Total Capital is -0.36. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 0.5673 points at the first support level, and at 0.5547 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5963, and for the 2nd resistance point, it is at 0.6127.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ClearOne Inc [NASDAQ:CLRO] is 6.92. On the other hand, the Quick Ratio is 2.64, and the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 0.61.