ClearOne, Inc. (NASDAQ:CLRO – Get Free Report) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $4.71 and traded as low as $3.30. ClearOne shares last traded at $3.41, with a volume of 2,768,422 shares changing hands.
Analyst Ratings Changes
A number of brokerages recently weighed in on CLRO. Wall Street Zen upgraded shares of ClearOne to a “sell” rating in a report on Saturday, September 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of ClearOne in a report on Thursday, August 27th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, ClearOne currently has a consensus rating of “Sell”.
Read Our Latest Stock Report on CLRO
ClearOne Stock Performance
The business’s fifty day moving average price is $4.34 and its 200-day moving average price is $4.71. The stock has a market cap of $9.14 million, a PE ratio of -2.97 and a beta of 0.10.
ClearOne (NASDAQ:CLRO – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The communications equipment provider reported ($0.34) EPS for the quarter.
ClearOne Company Profile
ClearOne, Inc develops and sells audio and visual communications solutions for conferencing, collaboration, streaming and other professional communication applications. Its products are designed for businesses, educational institutions, government organizations and other organizations that need to support in-person, remote and hybrid interactions.
The company’s product portfolio includes conference microphones, speakers, audio processors, mixers, video conferencing equipment, collaboration systems and related software.
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