Clean Energy Fuels (NASDAQ:CLNE) Issues Earnings Results, Misses Expectations By $0.11 EPS

Clean Energy Fuels (NASDAQ:CLNE) released its earnings results on Monday. The utilities provider reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.11), Zacks reports. Clean Energy Fuels had a negative net margin of 17.32% and a negative return on equity of 7.59%.

Clean Energy Fuels Trading Down 3.2 %

Shares of NASDAQ:CLNE traded down $0.09 during mid-day trading on Monday, reaching $2.71. The stock had a trading volume of 2,380,165 shares, compared to its average volume of 2,687,080. The firm has a market cap of $605.58 million, a PE ratio of -8.74 and a beta of 2.18. The firm has a 50 day simple moving average of $2.94 and a two-hundred day simple moving average of $2.95. The company has a current ratio of 3.06, a quick ratio of 2.74 and a debt-to-equity ratio of 0.36. Clean Energy Fuels has a twelve month low of $2.17 and a twelve month high of $3.67.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Clean Energy Fuels from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th.

About Clean Energy Fuels

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.