Log in

NASDAQ:CLROClearone Stock Price, Forecast & News

$2.16
+0.05 (+2.37 %)
(As of 07/10/2020 04:00 PM ET)
Add
Compare
Today's Range
$2.13
Now: $2.16
$2.20
50-Day Range
$1.64
MA: $2.05
$2.89
52-Week Range
$1.32
Now: $2.16
$3.20
Volume7,900 shs
Average Volume43,381 shs
Market Capitalization$35.97 million
P/E RatioN/A
Dividend YieldN/A
Beta0.85
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for voice and visual communications in the United States and internationally. The company offers various professional audio communication products, including professional 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; and professional microphones for use in various applications. It also provides unified communications audio end points comprising traditional tabletop conferencing phones used in conference rooms and offices; and personal conferencing products that could be used with PCs, laptops, tablets, smartphones, and other portable devices. The company's audio communication products and unified communications audio end points enhance communication during a conference call by eliminating echo and background noise. In addition, it offers visual communication products, such as video conferencing products; streaming products, which deliver the Internet protocol (IP) A/V experience by streaming time sensitive high definition audio and video and control over TCP/IP networks; and digital signage systems. The company sells its commercial products to a network of independent audiovisual, information technology, and telecommunications distributors, as well as independent systems integrators, dealers, value-added resellers, and end-users. ClearOne, Inc. was founded in 1983 and is headquartered in Salt Lake City, Utah.
Read More
Clearone logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.33 out of 5 stars


Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryN/A
Current SymbolNASDAQ:CLRO
CUSIPN/A
Phone801-975-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$25.04 million
Book Value$2.67 per share

Profitability

Net Income$-8,410,000.00

Miscellaneous

Employees130
Market Cap$35.97 million
Next Earnings Date8/12/2020 (Estimated)
OptionableNot Optionable

Receive CLRO News and Ratings via Email

Sign-up to receive the latest news and ratings for CLRO and its competitors with MarketBeat's FREE daily newsletter.

Clearone (NASDAQ:CLRO) Frequently Asked Questions

How has Clearone's stock been impacted by COVID-19 (Coronavirus)?

Clearone's stock was trading at $2.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CLRO shares have decreased by 7.3% and is now trading at $2.16. View which stocks have been most impacted by Coronavirus.

When is Clearone's next earnings date?

Clearone is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Clearone.

How were Clearone's earnings last quarter?

Clearone Inc (NASDAQ:CLRO) posted its quarterly earnings results on Wednesday, May, 20th. The communications equipment provider reported ($0.09) EPS for the quarter. The communications equipment provider earned $5.73 million during the quarter. Clearone had a negative net margin of 32.31% and a negative return on equity of 14.36%. View Clearone's earnings history.

Has Clearone been receiving favorable news coverage?

News coverage about CLRO stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Clearone earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Clearone.

Are investors shorting Clearone?

Clearone saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 7,600 shares, a decline of 45.3% from the June 15th total of 13,900 shares. Based on an average trading volume of 65,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. View Clearone's Current Options Chain.

Who are some of Clearone's key competitors?

What other stocks do shareholders of Clearone own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearone investors own include Ring Energy (REI), Ring Energy (REI), Co-Diagnostics (CODX), Honda Motor (HMC), Inpixon (INPX), Sierra Oncology (SRRA), Achieve Life Sciences (ACHV), Actinium Pharmaceuticals (ATNM), Carnival (CCL) and Comerica (CMA).

Who are Clearone's key executives?

Clearone's management team includes the following people:
  • Ms. Zeynep Hakimoglu, Chairman, CEO & Pres (Age 63)
  • Mr. Narsi Narayanan, Sr. VP of Fin. & Corp. Sec. (Age 49)

What is Clearone's stock symbol?

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

How do I buy shares of Clearone?

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

What is Clearone's stock price today?

One share of CLRO stock can currently be purchased for approximately $2.16.

How big of a company is Clearone?

Clearone has a market capitalization of $35.97 million and generates $25.04 million in revenue each year. Clearone employs 130 workers across the globe.

What is Clearone's official website?

The official website for Clearone is www.clearone.com.

How can I contact Clearone?

Clearone's mailing address is 5225 WILEY POST WAY SUITE 500, SALT LAKE CITY UT, 84116. The communications equipment provider can be reached via phone at 801-975-7200 or via email at [email protected]

This page was last updated on 7/11/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.