CleanSpark (OTCMKTS:CLSK) Shares Up 10.5%

CleanSpark Inc (OTCMKTS:CLSK)’s stock price shot up 10.5% during mid-day trading on Tuesday . The stock traded as high as $1.35 and last traded at $1.26, 48,200 shares traded hands during mid-day trading. A decline of 10% from the average session volume of 53,549 shares. The stock had previously closed at $1.14.

The company has a debt-to-equity ratio of 0.15, a current ratio of 6.58 and a quick ratio of 6.58. The firm has a 50 day simple moving average of $2.79 and a 200-day simple moving average of $2.48.

CleanSpark (OTCMKTS:CLSK) last announced its earnings results on Tuesday, February 11th. The company reported ($0.87) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($1.14) by $0.27. The firm had revenue of $0.98 million for the quarter, compared to the consensus estimate of $0.78 million. On average, equities research analysts forecast that CleanSpark Inc will post -6.25 EPS for the current fiscal year.

About CleanSpark (OTCMKTS:CLSK)

CleanSpark, Inc provides energy software and control technology in the United States. The company offers an integrated distributed energy management control platform that provides energy generation with storage devices, as well as controls facility loads to provide energy security in real time to commercial, industrial, mining, defense, campus, and residential users.

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