ClearSign Technologies (NASDAQ:CLIR) Now Covered by StockNews.com

StockNews.com started coverage on shares of ClearSign Technologies (NASDAQ:CLIR) in a research report sent to investors on Tuesday. The firm issued a sell rating on the technology company’s stock.

Separately, HC Wainwright restated a “buy” rating and issued a $6.00 target price on shares of ClearSign Technologies in a research note on Thursday, August 22nd.

ClearSign Technologies Stock Up 5.4 %

Shares of CLIR opened at $1.18 on Tuesday. The company has a market cap of $59.27 million, a price-to-earnings ratio of -10.18 and a beta of 1.07. ClearSign Technologies has a twelve month low of $0.62 and a twelve month high of $1.42. The company has a 50 day moving average of $0.89 and a two-hundred day moving average of $0.82.

Institutional Investors Weigh In On ClearSign Technologies

A hedge fund recently bought a new stake in ClearSign Technologies stock. Americana Partners LLC acquired a new position in shares of ClearSign Technologies Co. (NASDAQ:CLIR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 30,000 shares of the technology company’s stock, valued at approximately $25,000. Americana Partners LLC owned 0.06% of ClearSign Technologies at the end of the most recent quarter. Institutional investors own 24.03% of the company’s stock.

About ClearSign Technologies

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.