Clearsign Combustion (NASDAQ:CLIR) announced its earnings results on Thursday. The technology company reported ($0.09) earnings per share for the quarter, Morningstar.com reports.
Shares of CLIR stock opened at $1.58 on Friday. Clearsign Combustion has a 1-year low of $1.30 and a 1-year high of $4.70. The company has a current ratio of 6.45, a quick ratio of 6.45 and a debt-to-equity ratio of 0.01.
A hedge fund recently raised its stake in Clearsign Combustion stock. ICM Asset Management Inc. WA boosted its position in Clearsign Combustion Corp (NASDAQ:CLIR) by 24.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,189,957 shares of the technology company’s stock after purchasing an additional 237,590 shares during the quarter. Clearsign Combustion comprises approximately 1.3% of ICM Asset Management Inc. WA’s investment portfolio, making the stock its 19th largest position. ICM Asset Management Inc. WA owned about 4.47% of Clearsign Combustion worth $1,904,000 at the end of the most recent quarter. 12.24% of the stock is owned by institutional investors and hedge funds.
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About Clearsign Combustion
ClearSign Combustion Corporation designs and develops technologies to enhance emission and operational performance, energy efficiency, and overall cost-effectiveness of combustion systems in the United States. Its Duplex, Duplex Plug & Play, and Electrodynamic Combustion Control platform technologies enhance the performance of combustion systems in a range of markets, including energy, commercial/industrial boiler, chemical, petrochemical, and power industries.
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