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How to buy ClearOne stock in Canada | $2.39
Own ClearOne shares in just a few minutes.
ClearOne is a communication equipment business based in the US. ClearOne stocks (CLRO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $2.54 – an increase of 8.14% over the previous week. ClearOne employs 126 staff and has a trailing 12-month revenue of around $30.4 million.
How to buy ClearOne stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: CLRO in this case.
- Research ClearOne stocks. The platform should provide the latest information available.
- Buy your ClearOne stocks. It's that simple.
What's in this guide?
- Can I buy shares in ClearOne?
- Has coronavirus impacted ClearOne shares?
- ClearOne shares summary
- Compare share dealing platforms
- Is ClearOne stock a buy or sell?
- ClearOne performance over time
- Can I short ClearOne shares?
- Are ClearOne shares over-valued?
- ClearOne's financials
- How volatile are ClearOne shares?
- Does ClearOne pay a dividend?
- Other common questions
How has Coronavirus impacted ClearOne's stock price?
Since the stock market crash in March caused by coronavirus, ClearOne's stock price has had significant positive movement.
Its last market close was $2.39, which is 28.45% up on its pre-crash value of $1.71 and 59.33% up on the lowest point reached during the March crash when the stocks fell as low as $1.5.
If you had bought $1,000 worth of ClearOne stocks at the start of February 2020, those stocks would have been worth $1,005.09 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,219.38.
ClearOne stock priceUse our graph to track the performance of CLRO stocks over time.
ClearOne stocks at a glance
|Latest market close||$2.39|
|52-week range||$1.56 - $4.28|
|50-day moving average||$2.5685|
|200-day moving average||$2.8361|
|Wall St. target price||$4.05|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.037|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy ClearOne stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
ClearOne price performance over time
|1 month (2021-07-01)||-3.24%|
|3 months (2021-04-30)||-1.24%|
Is ClearOne under- or over-valued?
Valuing ClearOne stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ClearOne's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ClearOne's P/E ratio
ClearOne's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 74x. In other words, ClearOne stocks trade at around 74x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-valued.
ClearOne's PEG ratio
ClearOne's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.74. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ClearOne's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
ClearOne's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$306,000.
The EBITDA is a measure of a ClearOne's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$30.4 million|
|Gross profit TTM||USD$14.1 million|
|Return on assets TTM||-2.17%|
|Return on equity TTM||1.54%|
|Market capitalisation||USD$51.6 million|
TTM: trailing 12 months
How to short and sell ClearOne stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "CLRO.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 123,934 ClearOne stocks held short by investors – that's known as ClearOne's "short interest". This figure is 12.6% down from 141,773 last month.
There are a few different ways that this level of interest in shorting ClearOne stocks can be evaluated.
ClearOne's "short interest ratio" (SIR)
ClearOne's "short interest ratio" (SIR) is the quantity of ClearOne stocks currently shorted divided by the average quantity of ClearOne stocks traded daily (recently around 116918.86792453). ClearOne's SIR currently stands at 1.06. In other words for every 100,000 ClearOne stocks traded daily on the market, roughly 1060 stocks are currently held short.
However ClearOne's short interest can also be evaluated against the total number of ClearOne stocks, or, against the total number of tradable ClearOne stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ClearOne's short interest could be expressed as 0.01% of the outstanding stocks (for every 100,000 ClearOne stocks in existence, roughly 10 stocks are currently held short) or 0.0151% of the tradable stocks (for every 100,000 tradable ClearOne stocks, roughly 15 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against ClearOne.
Find out more about how you can short ClearOne stock.
ClearOne stock dividends
We're not expecting ClearOne to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
ClearOne stock price volatility
Over the last 12 months, ClearOne's stocks have ranged in value from as little as $1.56 up to $4.28. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while ClearOne's is 1.4271. This would suggest that ClearOne's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
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ClearOne in the news
ClearOne Implements First-Class Audio Solution at Utica College’s Donahue Auditorium
ClearOne Implements First-Class Audio Solution at Utica College’s Donahue Auditorium
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