Clean Energy Fuels (CLNE) Shares are Up 4.82%

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 62.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.29%, 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 4.82% in the last 1 week, and is up 62.63% 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 16.72% and the 50-Day Moving Average is 30.13%.The 200 Day SMA reached 39.17%. Clean Energy Fuels Corp. is up 21.87% in the last 3-month period. Year-to-Date the stock performance stands at 26.94%.


Clean Energy Fuels (NASDAQ:CLNE): The stock opened in the green at $4.69 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $4.725 and a low of $4.43 for the day. The stock did not find buyers even at the lows and closed at $4.57 recording a loss of -0.87%. 3,131,059 shares exchanged hands during the trading day. The stock had closed at $4.61 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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