Analysts who follow CleanSpark Inc (CLSK) on average expect it to increase 281.73% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns the stock an Analyst Ranking of 74, which means it ranks higher than 74 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating CLSK a Strong Buy today. Find out what this means to you and get the rest of the rankings on CLSK!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With CleanSpark Inc Stock Today?
CleanSpark Inc (CLSK) stock is trading at $7.99 as of 1:46 PM on Friday, Jan 14, a loss of -$0.18, or -2.2% from the previous closing price of $8.17. The stock has traded between $7.92 and $8.37 so far today. Volume today is light. So far 868,320 shares have traded compared to average volume of 1,949,070 shares.
Click Here to get the full Stock Report for CleanSpark Inc stock.