November 18, 2016 - By Marguerite Chambers · 0 Comments
Clearsign Combustion Corp (NASDAQ:CLIR) institutional sentiment increased to 1.22 in Q2 2016. Its up 0.33, from 0.89 in 2016Q1. The ratio is positive, as 8 institutional investors opened new or increased equity positions, while 9 sold and reduced holdings in Clearsign Combustion Corp. The institutional investors in our partner’s database now have: 1.12 million shares, down from 1.22 million shares in 2016Q1. Also, the number of institutional investors holding Clearsign Combustion Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 5 Increased: 6 New Position: 2.
ClearSign Combustion Corporation is engaged in designing and developing technologies for managing various performance characteristics of combustion systems, such as emission and operational performance, and energy efficiency. The company has a market cap of $57.01 million. The Company’s Duplex and Electrodynamic Combustion Control platform technologies are used to manage the performance of combustion systems in a range of markets, including the refinery, petrochemical, chemical, power and commercial boiler industries. It currently has negative earnings. The Duplex burner technology typically consists of a traditional industrial burner and a porous ceramic tile.
The stock closed at $4.4 during the last session. It is down 10.00% since April 18, 2016 and is uptrending. It has outperformed by 5.57% the S&P500.
According to Zacks Investment Research, “Clearsign Combustion Corporation designs and develops technologies for combustion systems including energy efficiency, emissions control, fuel flexibility and overall cost effectiveness. Its combustion technology includes Electrodynamic Combustion Control (TM) which improves control of flame shape and heat transfer. The Company provides its technology platform for various industrial and commercial combustion systems, such as electrical power generation, hydrocarbon and chemical processing industries, petroleum refining and industrial and commercial steam generation and industrial process heat. Clearsign Combustion Corporation is headquartered in Seattle, Washington.”
Icm Asset Management Inc Wa holds 0.96% of its portfolio in CLEARSIGN COMBUSTION CORP for 131,155 shares. Prescott Group Capital Management L.L.C. owns 413,265 shares or 0.5% of their US portfolio. Moreover, Highland Capital Management Llc has 0.01% invested in the company for 32,454 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 12,561 shares.#img1#
ClearSign Combustion Corporation, incorporated on January 23, 2008, is engaged in designing and developing technologies for managing various performance characteristics of combustion systems, such as emission and operational performance, and energy efficiency. The Company’s Duplex and Electrodynamic Combustion Control (ECC) platform technologies are used to manage the performance of combustion systems in a range of markets, including the refinery, petrochemical, chemical, power and commercial boiler industries.
More notable recent CLEARSIGN COMBUSTION CORP (NASDAQ:CLIR) news were published by: Prnewswire.com which released: “ClearSign Combustion Corporation Announces Third Quarter 2016 Results” on November 14, 2016, also Prnewswire.com with their article: “ClearSign Combustion Corporation to Present at the Southwest IDEAS Conference …” published on November 02, 2016, Prnewswire.com published: “ClearSign to Present at the 94th Petroleum Environmental Research Forum (PERF …” on November 09, 2016. More interesting news about CLEARSIGN COMBUSTION CORP (NASDAQ:CLIR) were released by: Quotes.Wsj.com and their article: “News ClearSign Combustion Corp.CLIR” published on April 26, 2012 as well as Seekingalpha.com‘s news article titled: “Do The Math: ClearSign Combustion Will Be Taken Over” with publication date: June 13, 2016.
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By Marguerite Chambers