Golden State Wealth Management LLC Buys Shares of 25,000 Clean Energy Fuels Corp. (NASDAQ:CLNE)

Golden State Wealth Management LLC purchased a new position in Clean Energy Fuels Corp. (NASDAQ:CLNE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the utilities provider’s stock, valued at approximately $63,000.

Several other institutional investors have also made changes to their positions in CLNE. Eastern Bank acquired a new position in Clean Energy Fuels in the 3rd quarter valued at approximately $31,000. Point72 DIFC Ltd acquired a new position in shares of Clean Energy Fuels in the third quarter worth $41,000. Zacks Investment Management purchased a new stake in shares of Clean Energy Fuels during the third quarter worth $42,000. Point72 Asia Singapore Pte. Ltd. boosted its position in Clean Energy Fuels by 235.2% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 18,427 shares of the utilities provider’s stock valued at $57,000 after purchasing an additional 12,929 shares during the last quarter. Finally, Orion Portfolio Solutions LLC acquired a new stake in Clean Energy Fuels during the third quarter valued at $66,000. 49.94% of the stock is currently owned by institutional investors and hedge funds.

Clean Energy Fuels Trading Down 0.3 %

Shares of NASDAQ:CLNE opened at $3.40 on Tuesday. The company has a current ratio of 3.06, a quick ratio of 2.74 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $759.75 million, a PE ratio of -10.97 and a beta of 2.18. Clean Energy Fuels Corp. has a 1 year low of $2.17 and a 1 year high of $3.67. The firm has a fifty day moving average price of $2.89 and a 200 day moving average price of $2.92.

Wall Street Analyst Weigh In

Separately, StockNews.com raised 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.