Clean Energy Fuels (CLNE) : The money flow analysis of Clean Energy Fuels (CLNE) indicates a $1.24 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $1.54 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.24 and so was the total money flow at $0.3 million. A solid up-down ratio of 4.21 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $0.39 million worth of block trades on upticks. Only $0.09 million worth of the stock exchanged hands on downticks. The money flow was $0.3 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Clean Energy Fuels (CLNE), pushing it down by -0.65% for the day. The stock slid $0.03 and traded at $4.58 during the day. Nonetheless, the stock is 5.05% over the previous weeks close.
The company Insiders own 26.69% of Clean Energy Fuels shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 5.19% . Institutional Investors own 25.97% of Clean Energy Fuels shares. During last six month period, the net percent change held by insiders has seen a change of 5.19%.
In a related news, Pickens Boone, director 10% owner of Clean Energy Fuels Corp., unloaded 1,500,000 shares at an average price of $4.52 on August 31, 2016. The total amount of the transaction was worth $6,780,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Clean Energy Fuels (NASDAQ:CLNE): stock was range-bound between the intraday low of $4.43 and the intraday high of $4.725 after having opened at $4.69 on Fridays session. The stock finally closed in the red at $4.69, a loss of -0.87%. The stock remained in the red for the whole trading day. The total traded volume was 3,131,059 shares. The stock failed to cross $4.725 in Fridays trading. The stocks closing price on Thursday was $4.61.
Clean Energy Fuels (CLNE) : Traders are bullish on Clean Energy Fuels (CLNE) as it has outperformed the S&P 500 by a wide margin of 62.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.29%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.82% in the last 1 week, and is up 62.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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.