ClearSign Technologies Corporation (NASDAQ:CLIR) traded at a new 52-week high today of $5.81. So far today approximately 246,000 shares have been exchanged, as compared to an average 30-day volume of 208,000 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.
In the past 52 weeks, ClearSign Technologies Corporation share prices are bracketed by a low of $0.45 and a high of $5.81 and is now at $5.70, 1,167% above that low price.
Potential upside of 23.5% exists for ClearSign Technologies Corporation, based on a current level of $5.70 and analysts’ average consensus price target of $7.04.
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