How to Buy Clean Energy Fuels Stock
Clean Energy Fuels Corp
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada.
Clean Energy Fuels stock last closed at $2.32, up 0% from the previous day, and has decreased 44.76% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.63 percentage points. Clean Energy Fuels stock is currently +6.91% from its 52-week low of $2.17, and -55.81% from its 52-week high of $5.25.
As of May 1, 2024, there are 223.24M CLNE shares outstanding. The market cap of CLNE is $517.91M. In the last 24 hours, 1.33M CLNE shares were traded.
How to Buy Clean Energy Fuels Stock
Not sure how to invest in Clean Energy Fuels stock? Here's how.
- Choose where to buy Clean Energy Fuels stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Clean Energy Fuels stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your information.
- Analyze Clean Energy Fuels stock: The Clean Energy Fuels ticker symbol is CLNE. Is Clean Energy Fuels stock a good investment? Should you buy shares of CLNE? How do CLNE's underlying business fundamentals look? Do top analysts think Clean Energy Fuels is a good buy? Why has CLNE's stock price moved recently? (Hint: Our stock research tools can help you figure out if CLNE is a good stock to buy).
- Execute your CLNE purchase: Decide if you will purchase CLNE shares at the current market price or use a limit order to purchase CLNE shares at a given price.
- Keep an eye on your CLNE position: Create a watchlist to key updates about your new investment in Clean Energy Fuels stock.
Step 1: Choose where to buy Clean Energy Fuels stock
You will need an online brokerage account in order to access the NASDAQ market and buy CLNE shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to invest in CLNE today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:
Check out the tutorial below to see the process of transferring money into your new brokerage account.
Step 4: Analyze Clean Energy Fuels stock
Once you have chosen the best place to buy Clean Energy Fuels stock, it's crucial to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Clean Energy Fuels shares at a glance
Clean Energy Fuels Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on CLNE's stock page.
Is CLNE stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CLNE's true value.
Using relative valuations methods:
- CLNE may be undervalued based on its P/B ratio of 0.71x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.11x
You can access more valuation research on CLNE's stock here.
A look at CLNE Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the CLNE balance sheet.
- There are more short-term assets than long-term liabilities on the CLNE balance sheet.
- CLNE has cash burn of 77243000. It has enough cash and short-term investments to cover this for at least one year.
- CLNE has $265.15M in cash and short term investments. This is sufficient to cover its annual cash burn of $77.24M.
Negative Financial Indicators:
- CLNE has a relatively high debt to equity ratio of 0.72.
- CLNE profit margin has gone down from -14% to -23.4% in the past year.
- Total CLNE debt is higher than 5 years ago, relative to shareholder equity.
Is Clean Energy Fuels stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Wall Street analysts who give recommendations on CLNE, the consensus analyst rating on CLNE is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Clean Energy Fuels stock forecast page.
CLNE Technical Indicators
CLNE Performance Metrics
Last year, CLNE revenue was $425.16M. In the last 5 year, CLNE's revenue has grown by 4.18% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 6.36%.
Learn more about CLNE's earnings and revenue performance here.
Who is buying/selling CLNE?
Over the past 12 months, executives and large shareholders at CLNE have sold more shares than they have bought.
Barclay Corbus, SVP STRATEGIC DEVELOPMENT of CLNE, was the latest CLNE insider to sell. They sold $29,045.00 worth of CLNE stock on Jan 21, 2024.
Get more info about who owns CLNE stock here.
Does CLNE provide a stable income stream?
No, Clean Energy Fuels doesn't provide an income stream by paying out dividends.
What do other traders have to say about CLNE?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your CLNE purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and your broker will place the order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your CLNE position
Now that you own some shares in CLNE, you'll want to stay up-to-date on your investment.
Create a watchlist to track your CLNE stock.
CLNE Feed
How to Buy Stock in Clean Energy Fuels
To reiterate, here are the 6 steps to buy stock in Clean Energy Fuels:
- Choose where to buy Clean Energy Fuels stock
- Open your brokerage account
- Deposit money your brokerage account
- Analyze Clean Energy Fuels stock
- Execute your CLNE purchase
- Keep an eye on your CLNE position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Clean Energy Fuels, add CLNE to your watchlist below.
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