Clearsign Combustion (NASDAQ:CLIR) released its quarterly earnings results on Thursday. The technology company reported ($0.09) EPS for the quarter, Morningstar.com reports.
NASDAQ:CLIR opened at $1.58 on Friday. The company has a current ratio of 6.45, a quick ratio of 6.45 and a debt-to-equity ratio of 0.01. Clearsign Combustion has a one year low of $1.30 and a one year high of $4.70.
An institutional investor recently raised its position in Clearsign Combustion stock. ICM Asset Management Inc. WA grew its stake in Clearsign Combustion Corp (NASDAQ:CLIR) by 12.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 952,367 shares of the technology company’s stock after purchasing an additional 105,415 shares during the period. Clearsign Combustion comprises approximately 1.6% of ICM Asset Management Inc. WA’s investment portfolio, making the stock its 16th largest holding. ICM Asset Management Inc. WA owned 4.46% of Clearsign Combustion worth $1,905,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 12.24% of the company’s stock.
ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems in the United States. Its Duplex, Duplex Plug & Play, and Electrodynamic Combustion Control platform technologies enhance the performance of combustion systems in a range of markets, including energy, commercial/industrial boiler, chemical, petrochemical, and power industries.
See Also: Earnings Per Share
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