Clean Energy Fuels Corp. (NASDAQ:CLNE) traded down 4.8% on Friday . The company traded as low as $4.11 and last traded at $4.14, with a volume of 3,543,961 shares traded. The stock had previously closed at $4.35.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research upgraded Clean Energy Fuels Corp. from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research note on Wednesday, April 27th. Dundee Securities restated a “buy” rating and set a $5.80 price objective on shares of Clean Energy Fuels Corp. in a research note on Wednesday, August 10th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $5.20.

The firm’s market cap is $552.30 million. The stock’s 50-day moving average is $3.29 and its 200 day moving average is $3.08.

Clean Energy Fuels Corp. (NASDAQ:CLNE) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.17. During the same period in the previous year, the firm posted ($0.29) earnings per share. The firm earned $108 million during the quarter, compared to analyst estimates of $94.33 million. The company’s quarterly revenue was up 24.4% compared to the same quarter last year. On average, equities research analysts predict that Clean Energy Fuels Corp. will post ($0.17) earnings per share for the current fiscal year.

In other news, Director Stephen Scully acquired 10,000 shares of the company’s stock in a transaction dated Monday, August 15th. The stock was acquired at an average cost of $3.60 per share, with a total value of $36,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew J. Littlefair acquired 27,400 shares of the company’s stock in a transaction dated Tuesday, August 16th. The stock was purchased at an average cost of $3.64 per share, with a total value of $99,736.00. Following the completion of the purchase, the chief executive officer now directly owns 758,267 shares of the company’s stock, valued at approximately $2,760,091.88. The disclosure for this purchase can be found here.

A hedge fund recently raised its stake in Clean Energy Fuels Corp. stock. State of New Jersey Common Pension Fund D boosted its position in shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) by 16.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,800,000 shares of the company’s stock after buying an additional 400,000 shares during the period. State of New Jersey Common Pension Fund D owned about 3.09% of Clean Energy Fuels Corp. worth $10,080,000 at the end of the most recent reporting period.

Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company is engaged in supplying compressed natural gas (CNG), liquefied natural gas (LNG) and renewable natural gas (RNG) for light, medium and heavy-duty vehicles, and providing operation, repair and maintenance (O&M) services for vehicle fleet customer stations.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.