ClearOne Communications (CLRO, Financial) experienced a significant stock price increase of 5.52%. The stock is currently priced at $0.633 per share with a trading volume of 92,127 shares and a turnover rate of 0.38%. Its recent financial report reveals revenue of $2.50 million, a net loss of $2.06 million, and earnings per share of -$0.09. The gross profit stands at $612,000 with a P/E ratio of -3.69. No institutional ratings are available for buy, hold, or sell recommendations.
In the broader communications sector, which saw a 1.89% decline, related stocks such as Mobilicom Ltd and Ceragon Networks showed notable gains. ClearOne specializes in audio, video, and communication solutions, operating through independent distributors worldwide.
