ClearOne, Inc. (NASDAQ:CLRO – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.61 and traded as high as $1.11. ClearOne shares last traded at $0.78, with a volume of 7,275,261 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of ClearOne in a research report on Thursday. They set a “hold” rating on the stock.
Check Out Our Latest Report on CLRO
ClearOne Stock Performance
About ClearOne
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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