ClearOne (NASDAQ:CLRO) Now Covered by StockNews.com
2025-04-26T06:02:52Z
Equities research analysts at StockNews.com started coverage on shares of ClearOne (NASDAQ:CLRO – Get Free Report) in a research note issued to investors on Thursday. The brokerage set a “hold” rating on the communications equipment provider’s stock. ClearOne…
Equities research analysts at StockNews.com started coverage on shares of ClearOne (NASDAQ:CLRO – Get Free Report) in a research note issued to investors on Thursday. The brokerage set a “hold” rating on the communications equipment provider’s stock.
ClearOne Stock Performance
ClearOne stock opened at $0.55 on Thursday. The stock has a market cap of $14.27 million, a P/E ratio of -3.05 and a beta of 0.53. ClearOne has a fifty-two week low of $0.43 and a fifty-two week high of $1.40. The firm’s fifty day moving average price is $0.57 and its 200-day moving average price is $0.59.
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ClearOne (NASDAQ:CLRO – Get Free Report) last announced its earnings results on Monday, March 31st. The communications equipment provider reported ($0.09) earnings per share for the quarter. The business had revenue of $2.96 million during the quarter. ClearOne had a negative return on equity of 25.59% and a negative net margin of 32.88%.
ClearOne Company Profile
ClearOne, Inc, together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices.
Further Reading
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