Cleanspark Inc [CLSK] stock prices are up 2.36% to $10.84 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CLSK shares have gain 7.86% over the last week, with a monthly amount glided 14.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cleanspark Inc [NASDAQ: CLSK] stock has seen the most recent analyst activity on January 27, 2025, when Keefe Bruyette initiated its Outperform rating and assigned the stock a price target of $19. Previously, JP Morgan upgraded its rating to Overweight on December 10, 2024, and elevated its price target to $17. On September 25, 2024, Macquarie initiated with a Outperform rating and assigned a price target of $20 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $8 on December 08, 2023. Bernstein initiated its recommendation with a Outperform and recommended $5.30 as its price target on October 31, 2023. JP Morgan started tracking with a Overweight rating for this stock on October 11, 2023, and assigned it a price target of $5.50. In a note dated December 09, 2022, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $5 on this stock.
The stock price of Cleanspark Inc [CLSK] has been fluctuating between $7.64 and $24.72 over the past year. Currently, Wall Street analysts expect the stock to reach $25.33 within the next 12 months. Cleanspark Inc [NASDAQ: CLSK] shares were valued at $10.84 at the most recent close of the market. An investor can expect a potential return of 133.67% based on the average CLSK price forecast.
Analyzing the CLSK fundamentals
The Cleanspark Inc [NASDAQ:CLSK] reported sales of 378.97M for trailing twelve months, representing a surge of 69.98%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.7%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.11 and Total Capital is -0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 10.47 points at the first support level, and at 10.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.15, and for the 2nd resistance point, it is at 11.45.
Ratios To Look Out For
It’s worth pointing out that Cleanspark Inc [NASDAQ:CLSK]’s Current Ratio is 3.74. Also, the Quick Ratio is 3.74, while the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 8.03, the price to book ratio is 1.67.
Transactions by insiders
Recent insider trading involved Monnig Taylor, Chief Technology Officer, that happened on Dec 27 ’24 when 1350.0 shares were sold. Officer, Monnig Taylor completed a deal on Dec 27 ’24 to buy 1350.0 shares. Meanwhile, Chief Technology Officer Monnig Taylor sold 1350.0 shares on Nov 29 ’24.
