News stories about Clean Energy Fuels (NASDAQ:CLNE) have trended somewhat negative recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Clean Energy Fuels earned a media sentiment score of -0.06 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 47.4535230285188 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
Shares of NASDAQ CLNE traded down $0.08 during mid-day trading on Friday, reaching $1.58. 523,542 shares of the company traded hands, compared to its average volume of 1,490,425. Clean Energy Fuels has a fifty-two week low of $1.31 and a fifty-two week high of $3.05. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.50 and a quick ratio of 1.33. The firm has a market capitalization of $240.78, a PE ratio of -2.98 and a beta of 1.39.
Clean Energy Fuels (NASDAQ:CLNE) last posted its quarterly earnings data on Tuesday, March 13th. The utilities provider reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.08). Clean Energy Fuels had a negative net margin of 23.20% and a negative return on equity of 15.55%. The company had revenue of $89.30 million for the quarter, compared to analyst estimates of $83.77 million. During the same quarter in the prior year, the business earned ($0.02) EPS. Clean Energy Fuels’s revenue was down 12.3% compared to the same quarter last year. sell-side analysts anticipate that Clean Energy Fuels will post -0.23 earnings per share for the current fiscal year.
A number of research analysts recently commented on CLNE shares. BidaskClub lowered shares of Clean Energy Fuels from a “sell” rating to a “strong sell” rating in a research note on Tuesday, January 9th. Zacks Investment Research lowered shares of Clean Energy Fuels from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th.
In related news, Director John S. Herrington acquired 140,000 shares of the stock in a transaction that occurred on Thursday, March 15th. The shares were acquired at an average price of $1.41 per share, for a total transaction of $197,400.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 26.69% of the stock is owned by company insiders.
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About Clean Energy Fuels
Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation and maintenance (O&M) services for natural gas fueling stations.
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