Clearsign Combustion Corp (NASDAQ:CLIR) saw an uptick in trading volume on Monday . 5,137 shares traded hands during mid-day trading, a decline of 82% from the previous session’s volume of 28,174 shares.The stock last traded at $1.13 and had previously closed at $1.27.
Separately, ValuEngine downgraded shares of Clearsign Combustion from a “buy” rating to a “hold” rating in a research report on Saturday.
The stock’s 50-day simple moving average is $1.20 and its 200 day simple moving average is $1.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.45 and a quick ratio of 8.45.
An institutional investor recently raised its position in Clearsign Combustion stock. STA Wealth Management LLC boosted its holdings in shares of Clearsign Combustion Corp (NASDAQ:CLIR) by 20.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 95,995 shares of the technology company’s stock after purchasing an additional 16,495 shares during the period. STA Wealth Management LLC owned approximately 0.33% of Clearsign Combustion worth $110,000 as of its most recent filing with the SEC. Institutional investors own 12.52% of the company’s stock.
Clearsign Combustion Company Profile (NASDAQ:CLIR)
ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems in the United States. Its Duplex, Duplex Plug & Play, and Electrodynamic Combustion Control platform technologies enhance the performance of combustion systems in a range of markets, including energy, commercial/industrial boiler, chemical, petrochemical, and power industries.
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