ValuEngine Upgrades ClearOne (CLRO) to Hold
ClearOne (NASDAQ:CLRO) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Friday.
Several other brokerages have also issued reports on CLRO. B. Riley reiterated a “buy” rating and set a $8.50 target price on shares of ClearOne in a research report on Thursday, November 9th. TheStreet lowered shares of ClearOne from a “c-” rating to a “d+” rating in a research report on Friday, November 10th.
ClearOne (CLRO) traded up $1.05 during mid-day trading on Friday, hitting $8.10. 42,048 shares of the stock were exchanged, compared to its average volume of 41,575. ClearOne has a one year low of $6.70 and a one year high of $12.60. The company has a market capitalization of $68.16, a price-to-earnings ratio of 270.00 and a beta of 1.32.
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ClearOne, Inc (ClearOne) is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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