ClearOne, Inc. $CLRO Position Reduced by Albion Financial Group UT

Albion Financial Group UT lessened its holdings in ClearOne, Inc. (NASDAQ:CLRO) by 93.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,465 shares of the communications equipment provider’s stock after selling 202,535 shares during the period. Albion Financial Group UT’s holdings in ClearOne were worth $83,000 as of its most recent SEC filing.

ClearOne Stock Performance

Shares of NASDAQ CLRO opened at $5.06 on Monday. The stock has a market cap of $8.75 million, a price-to-earnings ratio of -0.72 and a beta of 0.38. ClearOne, Inc. has a 52 week low of $3.83 and a 52 week high of $21.00. The business has a 50 day simple moving average of $4.77 and a 200 day simple moving average of $51.79.

ClearOne Profile

ClearOne, Inc, together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices.