Clean Energy Fuels (NASDAQ:CLNE) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.
Clean Energy Fuels (NASDAQ:CLNE) : The highest level Clean Energy Fuels (NASDAQ:CLNE) is projected to reach is $10 for the short term and the lowest estimate is at $7. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $8.5 and the possibility the share price can swing is $2.12.
Company shares have received an average consensus rating of Hold for the current week
Clean Energy Fuels (NASDAQ:CLNE): stock turned positive on Tuesday. Though the stock opened at $3.21, the bulls momentum made the stock top out at $3.44 level for the day. The stock recorded a low of $3.19 and closed the trading day at $3.43, in the green by 11.73%. The total traded volume for the day was 2,037,391. The stock had closed at $3.07 in the previous days trading.
In an insider trading activity,The director officer (CEO and President) of Clean Energy Fuels Corp., Littlefair Andrew J sold 6,390 shares at $2.53 on February 29, 2016. The Insider selling transaction had a total value worth of $16,167. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Clean Energy Fuels Corp. is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company designs, builds, operates and maintains fueling stations and supplies its customers with compressed natural gas (CNG) fuel for light, medium and heavy-duty vehicles and liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles. The Company also manufactures, sells and services non-lubricated natural gas fueling compressors and other equipment used in CNG stations and LNG stations. It provides operation and maintenance (O&M) services to customers, offers assessment, designs and modification solutions to provide operators with code-compliant service and maintenance facilities for natural gas vehicle fleets, transport. It offers vehicle finance services for some of its customers purchases of natural gas vehicles. The Company sells CNG to industrial and institutional energy users who do not have direct access to natural gas pipelines.