Clean Energy Fuels (CLNE) Shares are Up 3.95%

Clean Energy Fuels (CLNE) has been under a strong bear grip, hence the stock is down -1.66% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.78% in the past 1 week. The stock has risen by 3.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.19% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.63% and the 50-Day Moving Average is 14.4%.The 200 Day SMA reached 36.03%


Clean Energy Fuels (NASDAQ:CLNE): After opening at $4.43, the stock dipped to an intraday low of $4.35 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $4.5 and the buying power remained strong till the end. The stock closed at $4.47 for the day, a gain of 1.13% for the day session. The total traded volume was 1,598,523. The stocks close on the previous trading day was $4.47.

Clean Energy Fuels (CLNE) : 2 investment research analysts covering Clean Energy Fuels (CLNE) have an average price target of $8.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $10 and the lowest target is $7 for the short term. Analysts expect the variance to be within $2.12 of the average price.

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.

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