How to Buy Cleanspark Stock
Cleanspark Inc
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin.
Cleanspark stock last closed at $16.07, down 1.95% from the previous day, and has increased 274.59% in one year. It has overperformed other stocks in the Capital Markets industry by 2.42 percentage points. Cleanspark stock is currently +375.44% from its 52-week low of $3.38, and -34.99% from its 52-week high of $24.72.
At the moment, there are 227.87M shares of CLSK outstanding. The market value of CLSK is $3.66B. In the past 24 hours, 24.28M CLSK shares were traded.
How to Buy Cleanspark Stock
Not sure how to invest in Cleanspark stock? Here's how.
- Decide where to buy Cleanspark stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Cleanspark stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your method of payment and add your info.
- Research Cleanspark stock: The Cleanspark ticker symbol is CLSK. Is Cleanspark stock a good investment? Should you buy shares of CLSK? How do CLSK's underlying business fundamentals look? Do top analysts think Cleanspark is a good buy? Why has CLSK's stock price moved recently? (Hint: Our stock research tools can help you decide if CLSK is a good stock to buy).
- Make your CLSK trade: Decide if you will purchase CLSK shares at the current market price or use a limit order to purchase CLSK shares at a particular price.
- Monitor your investment in CLSK: Create a watchlist to get live updates on your position in Cleanspark stock.
Step 1: Decide where to buy Cleanspark stock
You need an online brokerage account in order to access the NASDAQ market and buy CLSK stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to invest in CLSK stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on app for stock, you need to deposit funds:
Check out the walkthrough below to see the process of transferring funds into your brokerage account.
Step 4: Research Cleanspark stock
After you have chosen the best place to buy Cleanspark stock, it's crucial to research their stock prior to investing, so you can comprehend the risk and upside.
Cleanspark shares data
Cleanspark Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can see all of the due diligence checks on CLSK's stock page.
Is CLSK stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge CLSK's true value.
Using relative valuations methods:
- CLSK may be overvalued based on its P/B ratio of 2.5x, relative to Capital Markets industry P/B ratio of 1.91x
You can access more valuation analysis on CLSK's stock here.
CLSK Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the CLSK balance sheet.
- There are more short-term assets than long-term liabilities on the CLSK balance sheet.
- CLSK has cash burn of 587804000. It has sufficient cash and short-term investments to cover this for at least one year.
- CLSK profit margin has gone up from -93.4% to 21.2% in the past year.
- CLSK has a low debt to equity ratio of 0.05.
Failed Financial Due Diligence Checks:
- Total CLSK debt is higher than 5 years ago, relative to shareholder equity.
- CLSK has $682.32M in cash and short term investments. This is not sufficient to cover its annual cash burn of $587.80M.
Do Wall Street analysts think it's a good time to buy CLSK stock
Out of 5 Equities analysts who track CLSK, the consensus analyst rating on CLSK is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Cleanspark stock forecast page.
CLSK Momentum
Is CLSK Making Money?
Last year, CLSK revenue was $283.63M. During the last 5 year, CLSK's revenue has gone up by 188.18% per year. This was faster than the Capital Markets industry average of 15.74%.
Learn more about CLSK's earnings and revenue performance here.
What are CLSK executives and large shareholders up to?
In the last year, executives and large shareholders at CLSK have sold more shares than they have bought.
Taylor Monnig, Chief Technology Officer of CLSK, was the latest CLSK insider to sell. They sold $22,477.50 worth of CLSK shares on May 31, 2024.
Research more about who owns CLSK stock here.
Does CLSK provide a stable income stream?
No, Cleanspark doesn't provide an income stream by paying out dividends.
What others are saying about CLSK
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your CLSK trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will place the order.
If you require more help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in CLSK
Now that you own some shares in CLSK, you'll want to keep up with your new investment.
Put CLSK on a watchlist to get the latest updates about your CLSK stock.
CLSK Feed
How to Buy Stock in Cleanspark
To reiterate, here are the 6 steps you need to take to buy Cleanspark stock right now:
- Decide where to buy Cleanspark stock
- Open your brokerage account
- Put funds into your investment account
- Research Cleanspark stock
- Make your CLSK trade
- Monitor your investment in CLSK
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Cleanspark, click below.
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