Clean Energy Stock Hits New 52-Week High (CLNE)

NEW YORK ( TheStreet) -- Clean Energy Fuels Corporation (Nasdaq: CLNE) hit a new 52-week high Monday as it is currently trading at $21.45, above its previous 52-week high of $21.43 with 615,906 shares traded as of 9:50 a.m. ET. Average volume has been 964,800 shares over the past 30 days.

Clean Energy has a market cap of $1.05 billion and is part of the utilities sector and utilities industry. Shares are up 60.4% year to date as of the close of trading on Friday.

Clean Energy Fuels Corp., together with its subsidiaries, provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, finances, and operates fueling stations; and supplies compressed and liquefied natural gas. The company has a P/E ratio of 29.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Clean Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Clean Energy Ratings Report.

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