ClearOne (NASDAQ:CLRO) Receives New Coverage from Analysts at

Stock analysts at assumed coverage on shares of ClearOne (NASDAQ:CLROGet Rating) in a note issued to investors on Monday. The brokerage set a “hold” rating on the communications equipment provider’s stock.

ClearOne Stock Performance

Shares of CLRO opened at $1.80 on Monday. The company has a market cap of $43.12 million, a price-to-earnings ratio of -7.50 and a beta of 0.96. The business’s fifty day simple moving average is $1.15 and its two-hundred day simple moving average is $0.81. ClearOne has a 12 month low of $0.47 and a 12 month high of $1.95. The company has a current ratio of 4.54, a quick ratio of 2.76 and a debt-to-equity ratio of 0.02.

ClearOne (NASDAQ:CLROGet Rating) last released its quarterly earnings data on Tuesday, November 15th. The communications equipment provider reported ($0.02) EPS for the quarter. ClearOne had a negative return on equity of 8.99% and a negative net margin of 20.28%. The business had revenue of $6.26 million during the quarter.

ClearOne Company Profile

(Get Rating)

ClearOne, Inc, together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices.

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