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Clene Inc. CLNN

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Price alert · CLNN

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3.83 USD -0.07 -1.79%

At close · Oct 30

3.90 +0.07 +1.83%

After hours · Oct 30, 7:10 PM ET

Bid
3.82 × 1
Ask
3.89 × 1
3.75 Day range 3.95
3.10 52-week range 12.50
YTD
-34.75%
1 year
-61.70%
Open
3.75
Prev close
3.90
Mkt cap
54.44M
Vol
47.27K
Avg vol
105.03K
EPS
-3.52
P/E
0.00
Div yield
0.00%
More statistics
Low
3.75
High
3.95
Forward P/E
-1.34
Beta
0.41
Short ratio
1.90
Inst. own
12.91%
Dividend
0.00
Ex-div date
Earnings
Aug 7, 2024
50-d avg
5.00
200-d avg
6.14
1y target
45.17

3M chart

Chart tools
Interval

Signals (17)
NameDateAgo
SMA: BearishOct 29, 20263 days ago
SMA: BullishOct 27, 20265 days ago
SMA: BullishOct 22, 20261 week ago
MACD: Buy SignalOct 21, 20261 week ago
RSI: OversoldOct 16, 20262 weeks ago
MACD: Sell SignalOct 7, 20263 weeks ago
SMA: BearishSep 28, 20261 month ago
SMA: BullishSep 18, 20261 month ago
MACD: Buy SignalSep 16, 20261 month ago
RSI: OversoldSep 11, 20261 month ago
MACD: Sell SignalSep 8, 20261 month ago
RSI: OversoldSep 8, 20261 month ago
MACD: Buy SignalAug 24, 20262 months ago
RSI: OversoldAug 18, 20262 months ago
MACD: Sell SignalAug 11, 20262 months ago
RSI: OversoldAug 11, 20262 months ago
MACD: Buy SignalAug 7, 20262 months ago

Key statistics

Market cap
37.66M
Enterprise value
41.28M
Trailing P/E
0.00
Forward P/E
-1.34
PEG ratio
0.00
Price / sales
85.21
Price / book
2.26
EPS (TTM)
-5.29
Beta
0.41
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
0.00%
Revenue (TTM)
442.00K
Revenue growth
-66.20%
Free cash flow
-14.46M
Total cash
21.68M
Total debt
32.62M
Return on equity
-289.66%
Shares outstanding
7.98M
Short % of float
2.24%
50-day average
5.00
200-day average
6.14

Analyst view

Consensus: strong buy

Strong buy
Price target (mean) 45.17 +1079.3% upside
Target (low)
20.00
Target (mean)
45.17
Target (high)
84.00
Ratings (0m) 6 6 buy · 0 hold · 0 sell
  • Strong buy3
  • Buy3
  • Hold0
  • Sell0
  • Strong sell0

Next earnings

Aug 7, 2024

Expected Aug 7, 2024. Consensus EPS estimate -0.9925.

Earnings history

Financials — quick view

All financials
CLNN Revenue — quarterly 90.00K
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CLNN Net income — quarterly -13.42M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CLNN EPS — quarterly -1.08
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

CLNN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 13, 2024Sep 1, 2024-1.34-1.22+0.12+8.96%
Aug 7, 2024Jun 1, 2024-1.60-1.06+0.54+33.75%
Aug 7, 2024Jun 1, 2024-1.60———
May 8, 2024Mar 1, 2024-1.80-1.800.000.00%
May 8, 2024Mar 1, 2024-1.80———
Mar 13, 2024Dec 1, 2023-1.40-1.20+0.20+14.29%

Upgrades / downgrades

CLNN analyst upgrades and downgrades
DateFirmActionFromTo
Dec 19, 2024D. Boral CapitalmainBuyBuy
Dec 10, 2024D. Boral CapitalmainBuyBuy
Nov 22, 2024BenchmarkmainBuyBuy
Nov 14, 2024Canaccord GenuitymainBuyBuy
Nov 14, 2024HC Wainwright & Co.reitBuyBuy
Nov 13, 2024D. Boral CapitalmainBuyBuy

About Clene Inc.

Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug candidate is CNM-Au8, which is being studied in various clinical trials, including a completed Phase 2 platform trial to evaluate the safety and efficacy of CNM-Au8 in patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; completed Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a second Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases. The company also develops CNM-AgZn17, a gel polymer suspension of silver and zinc ions that is being developed for the treatment of infectious diseases and to support wound healing; and CNM-ZnAg, a broad-spectrum antiviral and antibacterial agent to treat infection disease and to provide immune support for symptom resolution. In addition, it markets and distributes dietary supplements comprising rMetx, an aqueous zinc-silver ion dietary supplement; and KHC46, an aqueous gold dietary supplement of very low-concentration Au nanoparticles. The company is headquartered in Salt Lake City, Utah.

Sector
Consumer Defensive
Industry
Packaged Foods
Country
United States
Website
clene.com

News

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Insider holders

CLNN insider holders
InsiderRelationLatest transactionDateShares held
ETHERINGTON ROBERT DEEChief Executive OfficerPurchaseJun 25, 20230
GAY JONATHONDirectorPurchaseJun 15, 20230
GENERAL RESONANCE LLCBeneficial Owner of more than 10% of a Class of SecuritySaleApr 30, 202415,313,700
GLANZMAN ROBERTOfficerSaleMay 15, 202210,564
MATLIN DAVID J.DirectorPurchaseNov 9, 20237,193,690
MORTENSON MARKOfficerSaleJun 15, 2022168,759

Institution ownership

CLNN institution ownership
Holder% heldSharesValueReported
Armistice Capital, LLC8.16%682,3743.22MSep 29, 2024
Vanguard Group Inc1.57%131,106618.82KSep 29, 2024
Scoggin Management, LP0.90%75,000354.00KSep 29, 2024
Geode Capital Management, LLC0.51%42,573200.94KSep 29, 2024
Lunt Capital Management, Inc. 0.35%29,540139.43KSep 29, 2024
Morgan Stanley0.20%16,93179.91KSep 29, 2024

Fund ownership

CLNN fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund1.14%95,555451.02KSep 29, 2024
Vanguard Extended Market Index Fund0.40%33,477158.01KSep 29, 2024
Fidelity Extended Market Index Fund0.28%23,450110.68KOct 30, 2024
Fidelity Total Market Index Fund0.10%8,01037.81KOct 30, 2024
Fidelity Series Total Market Index Fund0.07%5,90727.88KOct 30, 2024
Schwab Capital Trust-Total Stock Market Index Fund0.02%1,2846.06KJul 30, 2024
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