Clean Energy Fuels (CLNE) has risen sharply, recording gains of 3.56% in the past 4 weeks. However, the stock has corrected -2.46% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.72% and the 50-Day Moving Average is 17.26%.The 200 Day SMA reached 33.32% Clean Energy Fuels Corp. is up 30.93% in the last 3-month period. Year-to-Date the stock performance stands at 21.11%.
Clean Energy Fuels (CLNE) : The highest short term price target forecast on Clean Energy Fuels (CLNE) is $10 and the lowest target price is $7. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $8.5 with a standard deviation of $2.12.
Company shares have received an average consensus rating of Hold for the current week Clean Energy Fuels (NASDAQ:CLNE): stock was range-bound between the intraday low of $4.3 and the intraday high of $4.45 after having opened at $4.36 on Fridays session. The stock finally closed in the red at $4.36, a loss of -1.13%. The stock remained in the red for the whole trading day. The total traded volume was 4,354,242 shares. The stock failed to cross $4.45 in Fridays trading. The stocks closing price on Thursday was $4.36.
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.