ClearSign Technologies Corporation (NASDAQ:CLIR) traded today at a new 52-week high of $5.41. Approximately 246,000 shares have changed hands today, as compared to an average 30-day volume of 205,000 shares.
ClearSign Technologies Corp has developed the Duplex and Electrodynamic Combustion Control technology which is used to improve performance characteristics of combustion systems. Its target markets include institutional commercial and industrial boiler, refinery and petrochemical, large industrial, Enclosed Flare and Enhanced Oil Recovery segment. The features of its technology are that it enhances the process of combustions by improving energy efficiency, maintaining emissions levels, fuel flexibility, and overall cost-effectiveness. It offers Duplex Plug and Play burner product to its customers with applications in refinery heaters and steam generation engines.
Potential upside of 22.0% exists for ClearSign Technologies Corporation, based on a current level of $5.30 and analysts’ average consensus price target of $6.46.
ClearSign Technologies Corporation share prices have moved between a 52-week high of $5.41 and a 52-week low of $0.35 and are now trading 1,414% above that low price at $5.30 per share.
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