Cleanspark Stock Today
| CLSK Stock | USD 15.10 2.13 16.42% |
Performance6 of 100
| Odds Of DistressLess than 42
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CleanSpark is selling for 15.10 as of the 24th of November 2024. This is a 16.42 percent increase since the beginning of the trading day. The stock's last reported lowest price was 12.86. CleanSpark has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for CleanSpark are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 29th of January 2016 | Category Financial Services | Classification Information Technology |
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. Cleanspark operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 258.17 M outstanding shares of which 55.38 M shares are currently shorted by private and institutional investors with about 1.92 trading days to cover. More on CleanSpark
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CleanSpark Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Zachary Bradford | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Cleaning (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software & Services, Information Technology, NASDAQ Composite, Cleaning, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCleanSpark can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CleanSpark's financial leverage. It provides some insight into what part of CleanSpark's total assets is financed by creditors.
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CleanSpark (CLSK) is traded on NASDAQ Exchange in USA. It is located in 10624 S. Eastern Ave., Henderson, NV, United States, 89052 and employs 130 people. CleanSpark is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.9 B. CleanSpark conducts business under Software sector and is part of Information Technology industry. The entity has 258.17 M outstanding shares of which 55.38 M shares are currently shorted by private and institutional investors with about 1.92 trading days to cover.
CleanSpark currently holds about 3.48 M in cash with (30.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check CleanSpark Probability Of Bankruptcy
Ownership AllocationCleanSpark holds a total of 258.17 Million outstanding shares. 30% of CleanSpark outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CleanSpark Ownership Details
CleanSpark Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2024-06-30 | 2 M | |
| Jane Street Group Llc | 2024-06-30 | 1.9 M | |
| Citadel Advisors Llc | 2024-09-30 | 1.6 M | |
| Tidal Investments Llc. | 2024-09-30 | 1.6 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.5 M | |
| Renaissance Technologies Corp | 2024-09-30 | 1.4 M | |
| Vident Advisory, Llc | 2024-09-30 | 1.4 M | |
| Millennium Management Llc | 2024-06-30 | 1.3 M | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 1.1 M | |
| Vanguard Group Inc | 2024-09-30 | 19.2 M | |
| Blackrock Inc | 2024-06-30 | 18.1 M |
CleanSpark Historical Income Statement
CleanSpark Stock Against Markets
CleanSpark Corporate Management
| Rachel Silverstein | SVP Counsel | Profile | |
| Bernardo Schucman | VP Division | Profile | |
| Brian Carson | Chief Officer | Profile | |
| Gary CPA | Chief Officer | Profile | |
| Bradley Audiss | Senior Operations | Profile | |
| Scott Garrison | Senior Growth | Profile | |
| Owen Cadwalader | VP Operations | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CleanSpark. If investors know CleanSpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Revenue Per Share 1.788 | Quarterly Revenue Growth 1.287 | Return On Assets 0.022 | Return On Equity (0.15) |
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.