NASDAQ : CLNN
-$0.22 (-3.65%)
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Robert Etherington |
| Industry | Biotechnology |
| Sector | Healthcare |
| Current Symbol | CLNN |
| CUSIP | 185634201 |
| CIK | 0001822791 |
| Web | https://clene.com |
| Phone | 801 676 9695 |
| Currency | USD |
| Employees | 79 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | -1.17 |
| Payout Ratio | 0.00 |
| Current Ratio | 1.94 |
| Quick Ratio | 1.93 |
| Cash Ratio | 0.88 |
Sales & Book Value
| Annual Sales | $200K |
| Price / Sales | 446.15 |
| Cash Flow | -1.56 |
| Price / Cash Flow | -3.30 |
| Price / Book | -3.59 |
Price Target and Rating
| Average Stock Price Forecast | $50.00 |
| High Stock Price Forecast | $50.00 |
| Low Stock Price Forecast | $50.00 |
| Forecast Upside/Downside | -88.40% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 8 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | -$2.65 |
| Trailing P/E Ratio | -1.78 |
| PEG Ratio | -0.12 |
| P/E Growth | -0.12 |
| Net Income | -$26.17M |
| Net Margin | -25009.70% |
| Pretax Margin | -25009.70% |
| Return on Equity | 233.93% |
| Return on Assets | -154.69% |
Financials Score
| AltmanZ Score | -23.84 |
| Piotroski Score | 2.00 |
| Working Capital | 6.29M |
| Total Assets | 21.66M |
| Ebit | -30.65M |
| Market Cap | 62.05M |
| Total Liabilities | 40.47M |
About Clene Inc. (NASDAQ:CLNN) Stock
Clene Inc. is a biopharmaceutical firm in the clinical development phase, dedicated to the discovery, advancement, and market introduction of pioneering therapeutic agents utilizing clean-surfaced nanotechnology (CSN). CNM-Au8 stands as its flagship compound, currently under evaluation across a diverse range of clinical studies. This includes a pivotal Phase 2/3 study intended for regulatory submission in individuals battling amyotrophic lateral sclerosis (ALS). The company has successfully concluded a Phase 2 proof-of-concept trial for those with early manifestations of ALS. Furthermore, two open-label, investigator-blinded Phase 2 trials assessing brain energy metabolism have been finished. An ongoing Phase 2 trial is investigating CNM-Au8's potential to mitigate visual pathway deficits ... stemming from chronic optic neuropathy, aiming for remyelination in stable relapsing Multiple Sclerosis patients. A Phase 2 clinical investigation targeting Parkinson's Disease patients is also slated for commencement. Beyond its leading candidate, Clene's pipeline extends to include CNM-AgZn17. This gel formulation, comprising silver and zinc ions, is in development to combat infectious diseases and hasten wound recovery. Additionally, CNM-ZnAg acts as a broad-spectrum antiviral and antibacterial compound, designed to address various infectious conditions like COVID-19, while also offering immune support for symptom alleviation. For oncology, CNM-PtAu7 is a gold-platinum CSN therapeutic agent currently in development. The company also distributes dietary supplements, featuring rMetx, a liquid supplement containing zinc-silver ions, and KHC46, an aqueous gold supplement with trace amounts of gold nanoparticles. Clene Inc. maintains its headquarters in Salt Lake City, Utah.
Clene (CLNN) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
2026-06-04 10:56:07
Clene (CLNN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Clene Inc. (CLNN) Reports Q1 Loss, Misses Revenue Estimates
2026-05-14 10:10:29
Clene Inc. (CLNN) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.5. This compares to a loss of $0.5 per share a year ago.
Clene Reports First Quarter 2026 Financial Results and Recent Operating Highlights
2026-05-14 08:00:00
After successful completion of FDA Type C meeting, Clene expects to submit an NDA for CNM-Au8 ® under the accelerated approval pathway in the third quarter of 2026 In January 2026, Clene completed an o versubscribed registered direct offering totaling over $28 million, including an initial tranche of more than $6 million and two additional tranches totaling over $22 million tied to regulatory milestones In May 2026, Clene amended its existing $10 million convertible debt facility, extending maturity by six months to August 2027 and eliminating required monthly principal and interest payments before maturity In May 2026, Clene completed a $7 million underwritten registered direct offering with a single investor SALT LAKE CITY, May 14, 2026 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a late-stage clinical biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced its first quarter 2026 financial results and provided recent updates on its CNM-Au8 programs. “We were encouraged by the constructive dialogue during our recent Type C meeting with the FDA and appreciate the Agency's engagement as we advance toward a planned NDA submission for CNM-Au8 under the accelerated approval pathway for patients with ALS,” said Rob Etherington, President and CEO of Clene.
Clene Announces $7 Million Underwritten Offering of Common Stock
2026-05-05 08:45:00
SALT LAKE CITY, May 05, 2026 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene” or the “Company”) and its wholly owned subsidiary, Clene Nanomedicine, Inc., a late clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced the pricing of an underwritten registered direct offering of 1,000,000 shares of common stock at a purchase price of $7.00 per share to a single investor.
Clene to Present at Upcoming May Conferences
2026-05-05 08:00:00
SALT LAKE CITY, May 05, 2026 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that it will participate in the following investor conferences in May. Emerging Growth Conference Date: May 6, 2026 Time of Presentation: 3:25 p.m.
Clene Stock Jumps After FDA Opens Door To Accelerated Approval For ALS Drug
2026-05-04 11:22:44
Clene Inc. (NASDAQ:CLNN) shares are up 6.68% on Monday as the company is filing for accelerated approval of its ALS treatment following a constructive meeting with the FDA.
After Successful FDA Meeting, Clene Filing Accelerated Approval NDA for ALS
2026-05-04 08:00:00
FDA stated that the “proposed data may be capable of supporting the submission and review of an [NDA] under the accelerated approval pathway” for CNM-Au8 based on neurofilament light (NfL) biomarker data FDA acknowledged NfL could potentially serve as a reasonably likely surrogate endpoint Clene expects to submit an NDA for CNM-Au8 to the FDA in the third quarter of 2026 CNM-Au8 represents a potential first-in-class therapeutic approach for ALS, a disease area with significant unmet medical need SALT LAKE CITY, May 04, 2026 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced receipt of final meeting minutes following its recent Type C meeting with the U.S. Food and Drug Administration (FDA). During the meeting and confirmed in the final meeting minutes, the FDA stated that Clene's “proposed data may be capable of supporting the submission and review of an [New Drug Application (NDA)] under the accelerated approval pathway for the treatment of ALS.
Insider Selling: Clene (NASDAQ:CLNN) Major Shareholder Sells $49,587.20 in Stock
2026-04-20 05:14:51
Clene Inc. (NASDAQ: CLNN - Get Free Report) major shareholder Chidozie Ugwumba sold 7,748 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $6.40, for a total value of $49,587.20. Following the completion of the sale, the insider owned 387,769 shares in the company, valued
Frequently Asked Questions
What is the current Clene Inc. (CLNN) stock price?
Clene Inc.(NASDAQ:CLNN) stock price is $5.8 in the last trading session. During the trading session, CLNN stock reached the peak price of $13.5 while $3.25 was the lowest point it dropped to. The percentage change in CLNN stock occurred in the recent session was --3.65% while the dollar amount for the price change in CLNN stock was -$0.22.
CLNN's industry and sector of operation?
The NASDAQ listed CLNN is part of Biotechnology industry that operates in the broader Healthcare sector.
Who are the executives of CLNN?
Robert Etherington
| Chief Executive Officer, President & Director
Mark G. Mortenson
| Chief Science Officer
Morgan R. Brown
| Chief Financial Officer
Mary Anne Mcneil
| Head of Human Resources
Jerry Miraglia
| General Counsel & Corporate Secretary
How many employees does CLNN have?
Number of CLNN employees currently stands at 79. CLNN operates from 6550 South Millrock Drive, Salt Lake City, UT 84121, US.
Link for CLNN official website?
Official Website of CLNN is: https://clene.com
How do I contact CLNN?
CLNN could be contacted at phone #801 676 9695 and can also be accessed through its website. CLNN operates from 6550 South Millrock Drive, Salt Lake City, UT 84121, US.
How many shares of CLNN are traded daily?
The average number of CLNN shares traded daily for last 3 months was 502.95K.
What is the market cap of CLNN currently?
The market value of CLNN currently stands at $59.78M with its latest stock price at $5.8