Clearone Inc (NASDAQ:CLRO)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as low as $2.12. Clearone shares last traded at $2.12, with a volume of 2,084 shares changing hands.
The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.12 and a current ratio of 5.59. The stock’s fifty day simple moving average is $2.25.
Clearone (NASDAQ:CLRO) last issued its quarterly earnings results on Monday, May 20th. The communications equipment provider reported ($0.12) earnings per share for the quarter. Clearone had a negative net margin of 63.26% and a negative return on equity of 31.02%. The company had revenue of $6.31 million during the quarter.
Clearone Company Profile (NASDAQ:CLRO)
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.
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