Clean Energy Fuels (CLNE) Shares are Up 3.56%

Clean Energy Fuels (CLNE) : Traders are bullish on Clean Energy Fuels (CLNE) as it has outperformed the S&P 500 by a wide margin of 46.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.25%, 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 3.56% in the last 1 week, and is up 45.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 24.25% and the fifty day Moving Average is 28.16%. Clean Energy Fuels Corp. is up 38.85% in the last three month period. Year-to-Date the stock performance stands at 21.11%.

Clean Energy Fuels (CLNE) : The consensus price target for Clean Energy Fuels (CLNE) is $8.5 for the short term with a standard deviation of $2.12. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $10, however, the pessimist price target for the company is $7.


Clean Energy Fuels (NASDAQ:CLNE): stock turned positive on Friday. Though the stock opened at $4.38, the bulls momentum made the stock top out at $4.38 level for the day. The stock recorded a low of $4.26 and closed the trading day at $4.36, in the green by 0.46%. The total traded volume for the day was 2,698,078. The stock had closed at $4.34 in the previous days trading.

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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