Is This Stock a Screaming Buy: ClearOne, Inc. (NASDAQ:CLRO)

Equity Research firms currently have a positive stance on shares of ClearOne, Inc. (NASDAQ:CLRO). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $13.88 on a short term basis.

At the time of writing, the stock was trading at $11.07. This represents a change from the opening price of 0.65%. In terms of performance, year to date, the stock is -14.39%. The monthly stock performance comes in at -0.81%. For the quarter, shares are performing at -1.03%. Weekly performance analysis shows the equity at -0.54%.

In taking a look at technical levels, shares are trading -0.58% away from the 50 day simple moving average and -3.06% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -17.68% away from it’s 52- week high and 16.42% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, ClearOne, Inc.’s RSI stands at 48.78. In looking at volatility levels, the shares saw weekly volatility of 0.79% and 1.67% over the past month.

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