The stock of Cleanspark Inc (NASDAQ:CLSK) last traded at $11.33, down -7.51% from the previous session.
CLSK stock price is now 18.64% away from the 50-day moving average and 11.53% away from the 200-day moving average. The market capitalization of the company currently stands at $3.18B.
With the price target of $16, B. Riley Securities recently initiated with Buy rating for Cleanspark Inc (NASDAQ: CLSK). , while ‘Needham’ rates the stock as ‘Buy’
In other news, Beynon Roger Paul, Director sold 50,000 shares of the company’s stock on May 21 ’25. The stock was sold for $525,285 at an average price of $10.51. Upon completion of the transaction, the Director now directly owns 125,511 shares in the company, valued at $1.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’25, Director Beynon Roger Paul bought 50,000 shares of the business’s stock. A total of $525,287 was incurred on buying the stock at an average price of $10.51. A total of 2.87% of the company’s stock is owned by insiders.
During the past 12 months, Cleanspark Inc has had a low of $6.45 and a high of $20.49. As of last week, the company has a debt-to-equity ratio of 0.34, a current ratio of 8.67, and a quick ratio of 8.67. The fifty day moving average price for CLSK is $9.5496 and a two-hundred day moving average price translates $10.18165 for the stock.
The latest earnings results from Cleanspark Inc (NASDAQ: CLSK) was released for 2025-03-31. The net profit margin was -36.39% and return on equity was -11.36% for CLSK. The company reported revenue of $181.71 million for the quarter, compared to $111.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 62.53 percent. For the current quarter, analysts expect CLSK to generate $190.82M in revenue.
