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

Clean Energy Fuels (NASDAQ:CLNE) issued its quarterly earnings results on Monday. The utilities provider reported ($0.13) earnings per share 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 Price Performance

Shares of Clean Energy Fuels stock traded down $0.09 during trading on Monday, hitting $2.71. The stock had a trading volume of 2,379,247 shares, compared to its average volume of 2,683,159. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.06 and a quick ratio of 2.74. The firm has a market cap of $605.58 million, a P/E ratio of -8.74 and a beta of 2.18. The business has a fifty day moving average of $2.94 and a two-hundred day moving average of $2.95. Clean Energy Fuels has a fifty-two week low of $2.17 and a fifty-two week high of $3.67.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Clean Energy Fuels from a “sell” rating to a “hold” rating in a research report 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.