August 1, 2016 - 4:10 PM EDT
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Clean Energy Fuels Corp. (CLNE) Down 3.68% at Midday on August 1

Clean Energy Fuels Corp. (CLNE) lost ground during morning trading on August 1 to make it one of the worst performers amongst all NYSE and NASDAQ listed stocks in the utilities sector halfway through the trading day. At the lunch break, shares of CLNE have fallen 3.68% to $2.88 after closing the day prior at $2.99. So far, the stock has traded as high as $3.05 and as low as $2.88. Today's decline has come with about 893,218 shares changing hands, compared to an average 30-day volume of 1.36 million for Clean Energy Fuels Corp.. The price is currently below the 30-day volume weighted average price of $2.93 for CLNE. The share depreciation gives the company a market capitalization of $315.14 million based upon 105.4 million shares outstanding. It also means that CLNE has a price-to-book ratio of 0.94:1. In the past 52 weeks, shares of CLNE have traded as low as $2.15 and as high as $6.44. Technical traders will take note that at $2.88, shares of CLNE are trading below their 200-day MA at $3.48 and below their 50-day MA at $3.33. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding below them is typically regarded as bearish. Who is CLNE? Clean Energy Fuels Corp is engaged in selling natural gas fueling solutions to its customers in the United States and Canada. It also designs, builds, finances, and operates natural gas filling stations for vehicle fleets. The company’s 994 employees are led by CEO Andrew J. Littlefair from the corporate headquarters at 4675 MacArthur Court in Newport Beach, CA. For more information on CLNE and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit today. All data provided by QuoteMedia, with stock data accurate as of 12:00 PM ET. is not responsible for inaccuracies in third-party supplied information. About is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here.

Source: Financial Press News (August 1, 2016 - 4:10 PM EDT)

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