Clearone Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is good.Its valuation is considered overvalued, ranking 46 out of 52 in the Communications & Networking industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Clearone Inc is 4.69, ranking 51 out of 52 in the Communications & Networking industry. Its financial status is weak, and its operating efficiency is low. Its latest quarterly revenue reached 0.00, representing a year-over-year decrease of 100.00%, while its net profit experienced a year-over-year decrease of 566.15%.
Key Metrics
The current valuation score of Clearone Inc is 8.16, ranking 18 out of 52 in the Communications & Networking industry. Its current P/E ratio is -0.51, which is -114.10% below the recent high of 0.07 and -686.66% above the recent low of -4.03.
No earnings forecast score is currently available for Clearone Inc. The Communications & Networking industry's average is 7.77.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Clearone Inc is 9.79, ranking 2 out of 52 in the Communications & Networking industry. Currently, the stock price is trading between the resistance level at 7.83 and the support level at 5.60, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Clearone Inc is 3.00, ranking 34 out of 52 in the Communications & Networking industry. The latest institutional shareholding proportion is 6.28%, representing a quarter-over-quarter decrease of 0.51%. The largest institutional shareholder is The Vanguard, holding a total of 0.00 shares, representing 0.00% of shares outstanding, with 100.00% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Communications & Networking domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Clearone Inc is 2.07, ranking 47 out of 52 in the Communications & Networking industry. The company's beta value is 0.07. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
