ClearOne (CLRO) Stock Forecast, Price & News

ClearOne's stock was trading at $1.52 at the beginning of 2023. Since then, CLRO stock has increased by 52.0% and is now trading at $2.31.
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ClearOne saw a increase in short interest in May. As of May 15th, there was short interest totaling 564,500 shares, an increase of 156.6% from the April 30th total of 220,000 shares. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is presently 0.5 days. Currently, 5.5% of the company's shares are short sold.
View ClearOne's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our CLRO earnings forecast.

ClearOne, Inc. (NASDAQ:CLRO) released its quarterly earnings results on Friday, March, 31st. The communications equipment provider reported ($0.09) earnings per share for the quarter. The communications equipment provider had revenue of $4.02 million for the quarter. ClearOne had a negative trailing twelve-month return on equity of 9.72% and a net margin of 99.33%.

ClearOne announced a dividend on Monday, May 8th. Investors of record on Monday, May 22nd will be paid a dividend of $1.00 per share on Wednesday, May 31st. The ex-dividend date is Thursday, June 1st.
Read our dividend analysis for CLRO.

172 employees have rated ClearOne Chief Executive Officer Zee Hakimoglu on Glassdoor.com. Zee Hakimoglu has an approval rating of 81% among the company's employees. 79.0% of employees surveyed would recommend working at ClearOne to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other ClearOne investors own include Co-Diagnostics (CODX), iBio (IBIO), Inpixon (INPX), Kopin (KOPN), Novavax (NVAX), Sierra Oncology (SRRA), AT&T (T), AbbVie (ABBV), Achieve Life Sciences (ACHV) and Aethlon Medical (AEMD).

ClearOne trades on the NASDAQ under the ticker symbol "CLRO."

ClearOne's stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.88%). Insiders that own company stock include Bruce Whaley, Clearone, Inc, Derek Graham, Edward D Bagley, Edward D Bagley, Larry Hendricks, Narasimhan Narayanan and Zeynep Hakimoglu.
View institutional ownership trends.

Shares of CLRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CLRO stock can currently be purchased for approximately $2.31.

ClearOne (NASDAQ:CLRO) has a market capitalization of $55.35 million and generates $25.20 million in revenue each year. The communications equipment provider earns $20.56 million in net income (profit) each year or $0.88 on an earnings per share basis.

The company employs 126 workers across the globe.

ClearOne's mailing address is 5225 WILEY POST WAY SUITE 500, SALT LAKE CITY UT, 84116. The official website for the company is www.clearone.com. The communications equipment provider can be reached via phone at (801) 975-7200, via email at investor_relations@clearone.com, or via fax at 801-303-5711.