Clean Energy Fuels (CLNE) is Upgraded by Raymond James to Mkt Perform , according to the research report released to the investors. Earlier the firm had a rating of Underperform on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-5-2016.
Clean Energy Fuels Corp. has dropped 22.08% during the last 3-month period . Year-to-Date the stock performance stands at -27.93%.
Clean Energy Fuels Corp. (NASDAQ:CLNE) has lost 5.26% during the past week and dropped 14.08% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 4.47%. Clean Energy Fuels Corp. (NASDAQ:CLNE) has underperformed the index by 12.07% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Clean Energy Fuels Corp. (NASDAQ:CLNE) : On Thursday heightened volatility was witnessed in Clean Energy Fuels Corp. (NASDAQ:CLNE) which led to swings in the share price. The shares opened for trading at $3.51 and hit $3.69 on the upside , eventually ending the session at $3.6, with a gain of 0.84% or 0.03 points. The heightened volatility saw the trading volume jump to 1,162,056 shares. The 52-week high of the share price is $10.48 and the company has a market cap of $326 million. The 52-week low of the share price is at $3.21 .
Currently the company Insiders own 29.93% of Clean Energy Fuels Corp. shares according to the proxy statements. Institutional Investors own 31.03% of Clean Energy Fuels Corp. shares. During last six month period, the net percent change held by insiders has seen a change of -3.85%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The officer (SVP, Sales and Finance) of Clean Energy Fuels Corp., Grace Peter J. sold 90,000 shares at $4.79 on November 19, 2015. The Insider selling transaction had a total value worth of $431,100. 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, based on the number of stations operated and the amount of gasoline gallon equivalents of compressed natural gas (CNG), and liquefied natural gas (LNG), delivered. The Company designs, builds, operates and maintains fueling stations and supply its customers with CNG fuel for light, medium and heavy-duty vehicles and LNG fuel for medium and heavy-duty vehicles. The Company also sells non-lubricated natural gas compressors and related equipment used in CNG stations and LNG stations, convert light and medium duty vehicles to run on natural gas, and produce renewable natural gas (RNG), which can be used as vehicle fuel or sold for power generation. In January 2014, Clean Energy Fuels Corp opened a liquefied natural gas (LNG) fueling station in Florida and Americas Natural Gas Highway stations in Pontoon Beach, Ill., and Fontana, Calif.