ClearSign Technologies Co. (NASDAQ:CLIR – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.05 and traded as low as $0.75. ClearSign Technologies shares last traded at $0.89, with a volume of 146,286 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of ClearSign Technologies in a research report on Tuesday. They issued a “sell” rating on the stock.
Check Out Our Latest Stock Analysis on CLIR
ClearSign Technologies Price Performance
Hedge Funds Weigh In On ClearSign Technologies
Several hedge funds and other institutional investors have recently bought and sold shares of CLIR. Bank of Montreal Can increased its holdings in ClearSign Technologies by 49.2% in the 1st quarter. Bank of Montreal Can now owns 53,400 shares of the technology company’s stock worth $91,000 after buying an additional 17,600 shares during the period. Charles Schwab Investment Management Inc. acquired a new position in ClearSign Technologies in the 2nd quarter worth approximately $33,000. Geode Capital Management LLC increased its holdings in ClearSign Technologies by 24.7% in the 2nd quarter. Geode Capital Management LLC now owns 322,830 shares of the technology company’s stock worth $423,000 after buying an additional 63,874 shares during the period. BlackRock Inc. increased its holdings in ClearSign Technologies by 5.4% in the 2nd quarter. BlackRock Inc. now owns 281,854 shares of the technology company’s stock worth $369,000 after buying an additional 14,486 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in ClearSign Technologies in the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 24.03% of the company’s stock.
About ClearSign Technologies
ClearSign Technologies Corporation designs and develops technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the People's Republic of China. Its ClearSign Core Burner Technology consists of an industrial burner body and a downstream porous ceramic structure or metal flame stabilizing device; ClearSign Core Plug & Play Burner technology provides direct burner replacement for traditional refinery process heaters; and ClearSign Eye Flame Sensor, an electrical flame sensor for industrial applications.
See Also
- Five stocks we like better than ClearSign Technologies
- High Flyers: 3 Natural Gas Stocks for March 2022
- The Charles Schwab Company Can Hit New Highs
- What is the Euro STOXX 50 Index?
- Costco vs. Walmart: Revenue Comparison of Two Retail Giants
- What is the Shanghai Stock Exchange Composite Index?
- 3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
Receive News & Ratings for ClearSign Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearSign Technologies and related companies with MarketBeat.com's FREE daily email newsletter.