ClearOne (NASDAQ:CLRO – Get Free Report) released its quarterly earnings data on Tuesday. The communications equipment provider reported ($0.30) EPS for the quarter, Zacks reports.
ClearOne Price Performance
Shares of CLRO opened at $4.16 on Wednesday. ClearOne has a 12-month low of $1.62 and a 12-month high of $16.50. The firm has a 50-day moving average price of $4.24 and a 200 day moving average price of $4.64.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on CLRO. Weiss Ratings restated a “sell (e+)” rating on shares of ClearOne in a research report on Thursday, August 27th. Wall Street Zen upgraded ClearOne to a “sell” rating in a research report on Saturday, September 5th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on CLRO
ClearOne Company Profile
ClearOne, Inc. develops and sells audio and visual communications solutions for conferencing, collaboration, streaming and other professional communication applications. Its products are designed for businesses, educational institutions, government organizations and other organizations that need to support in-person, remote and hybrid interactions. The company’s product portfolio includes conference microphones, speakers, audio processors, mixers, video conferencing equipment, collaboration systems and related software.
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