Shares of Clearsign Combustion (NASDAQ:CLIR) opened at $2.05 on Monday. Clearsign Combustion has a 52-week low of $1.75 and a 52-week high of $4.70. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $32.00, a price-to-earnings ratio of -3.25 and a beta of -0.36.
In related news, Director Lon E. Bell bought 111,000 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were purchased at an average cost of $2.25 per share, with a total value of $249,750.00. Following the completion of the transaction, the director now directly owns 354,472 shares of the company’s stock, valued at $797,562. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders acquired 122,000 shares of company stock worth $274,500 over the last ninety days. 9.80% of the stock is owned by corporate insiders.
About Clearsign Combustion
ClearSign Combustion Corporation is engaged in designing and developing technologies for the purpose of managing performance characteristics of combustion systems, including emission and operational performance, and energy efficiency. The Company’s Duplex and Electrodynamic Combustion Control (ECC) platform technologies manage the performance of combustion systems in a range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, and power industries.
Receive News & Ratings for Clearsign Combustion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearsign Combustion and related companies with MarketBeat.com's FREE daily email newsletter.