Clean Energy Fuels Corp. (CLNE) Shares Drop Amid Market Fluctuations

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Dec 30, 2024
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Clean Energy Fuels Corp. (CLNE, Financial) experienced a significant stock movement with a sharp decline of 5.34%, trading at $2.48 per share. The trading volume reached 1.231 million shares, resulting in a turnover rate of 0.55% and a price fluctuation of 4.96%.

Recent financial reports reveal the company generated $106 million in revenue but faced a net loss of $18.18 million, equating to an earnings per share of -$0.08. The gross profit stood at $21.75 million, with a price-to-earnings ratio of -7.55.

Among analysts, 88% recommend buying the stock, while 12% suggest holding. No analysts advised selling. Within the oil and gas refining and marketing sector, where CLNE operates, the overall growth was 0.76%. Notably, stocks like Delek US Holdings, Inc. and Aemetis, Inc. showed substantial gains.

Clean Energy Fuels Corp. markets and retails natural gas in the U.S. and Canada, focusing on compressed natural gas sales. The company targets heavy-duty trucking, airports, public transit, and government fleets.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.