ClearOne (NASDAQ:CLRO) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of ClearOne (NASDAQ:CLROGet Rating) in a research note issued on Monday. The firm set a “hold” rating on the communications equipment provider’s stock.

ClearOne Stock Up 5.0 %

ClearOne stock opened at $0.63 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.88 and a current ratio of 4.54. ClearOne has a one year low of $0.47 and a one year high of $1.56. The company has a 50-day simple moving average of $0.57 and a 200-day simple moving average of $0.60. The firm has a market capitalization of $15.13 million, a P/E ratio of -2.63 and a beta of 1.28.

About ClearOne

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ClearOne, Inc, together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices.

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