ClearOne (NASDAQ:CLRO) Research Coverage Started at StockNews.com

by · The Markets Daily

StockNews.com started coverage on shares of ClearOne (NASDAQ:CLRO – Free Report) in a report issued on Saturday morning. The firm issued a hold rating on the communications equipment provider’s stock.

ClearOne Stock Performance

NASDAQ:CLRO opened at $0.63 on Friday. ClearOne has a 52-week low of $0.45 and a 52-week high of $1.98. The stock has a fifty day moving average of $0.61 and a 200 day moving average of $0.60. The firm has a market capitalization of $15.10 million, a price-to-earnings ratio of -3.50 and a beta of 0.59.

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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