Clean Energy Fuels (CLNE) : During the past 4 weeks, traders have been relatively bearish on Clean Energy Fuels (CLNE), hence the stock is down -0.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.03% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.47% in the last 1 week, and is up 3.9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.66% and the 50-Day Moving Average is 4.46%.
Clean Energy Fuels (NASDAQ:CLNE): The stock opened at $3.57 on Friday but the bulls could not build on the opening and the stock topped out at $3.60 for the day. The stock traded down to $3.40 during the day, due to lack of any buying support eventually closed down at $3.46 with a loss of -2.54% for the day. The stock had closed at $3.55 on the previous day. The total traded volume was 1,681,485 shares.
The company Insiders own 26.69% of Clean Energy Fuels shares according to the proxy statements. Institutional Investors own 26.57% of Clean Energy Fuels shares. During last six month period, the net percent change held by insiders has seen a change of -1.75%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (CEO and President) of Clean Energy Fuels Corp., Littlefair Andrew J had sold 6,390 shares worth of $16,167 in a transaction dated February 29, 2016. In this transaction, 6,390 shares were sold at $2.53 per share.
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.