Stock in News Zone – ClearSign Combustion Corporation (NASDAQ: CLIR)

ClearSign Combustion Corporation (NASDAQ: CLIR) has market worth of 38.20M along 16.61M outstanding shares. The stock moved 0.00% to $2.3 in recent session. The recent traded volume was 99924 shares. The stock had closed at $2.3 on the previous day. The stock has recorded a weekly performance of -1.08% and monthly performance is -3.16%.

ClearSign Combustion Corporation (NASDAQ:CLIR) reported the appointment of Susanne Meline to the company’s board of directors.  In accordance with the Company’s bylaws, ClearSign increased the number of directors from four to five and appointed Ms. Meline to fill the vacancy. Ms. Meline accepted the position on February 9, 2018.

Steve Pirnat, Chairman and CEO of ClearSign said “We are excited to have Susanne join our Board”. “Susanne brings a diverse background of capital markets experience and law.  Susanne will be able to provide leadership and insight from her experience in fund management, analysis and banking as well as her time in corporate legal including M&A.  We look forward to her input and perspective as ClearSign continues on our path to greater commercialization.”

Ms. Meline is a specialist in both finance and law having worked for many years with both public and privately held companies in all stages of their life cycles.  She has held positions as a lawyer, investment banker, board member and investor. Susanne co-founded Francis Capital Management, a value-based investment advisor, where she continues to specialize in small cap stocks. Ms. Meline is an experienced legal professional, having worked with Jones Day –  an international law firm that provides corporate legal advisory services across multiple disciplines and jurisdictions.

She previously worked as an investment banker with Houlihan Lokey, a global investment bank serving corporations, institutions, and governments worldwide. Susanne is a Certified Director through the UCLA Anderson School of Management and a member of the National Association of Corporate Directors. Ms. Meline received a B.A in political science from UCLA, and a J.D. from the UC Hastings College of the Law. She served on the board of directors of Finomial Corporation, a Series B stage FinTech company, until 2018 at which time she transitioned to her current role as a Series A board observer.

Shares have moved -35.21% over the last quarter and changed -28.13% over the recent six months. The shares registered yearly performance at -36.11% and YTD move seen at -36.11%. In terms of profitability, ClearSign Combustion Corporation has a gross margin of 2.40%. Return on assets come to -124.90% and return on investment coming to -400.20% while Return on equity come to -159.70%.

 

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