7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

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CLRO
ClearOne, Inc
NASDAQ
0.89
Open 0.92 Prev Close 0.8921
High 0.92 Low 0.89
Volume 156,923 Volume (Avg) 2,434,362
52 Week High 4.28 52 Week Low 1.54
Market Cap 73.6M PE Ratio 0.00

Shares Stats

Shares Outstanding18,771,300
Shares Float8,272,868
Shares Short23,675
Insider Holdings6970%
Institution Holdings7.10%

About ClearOne, Inc

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. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was founded in 1983 and is headquartered in Salt Lake City, Utah.

General

NameClearOne, Inc
TickerCLRO
ExchangeNASDAQ
SectorTechnology
IndustryCommunication Equipment
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees127

Highlights

Analyst Target4.05
Market Cap73,565,856
PEG Ratio4.74
EBITDA-6,893,000

Financials

Profit Margin-0.26
Return on Assets-0.06
Return on Equity-0.16
Revenue26,828,000
Earnings Per Share-0.42
Revenue Per Share1.60
Gross Profit12,084,000
Quarterly Revenue Growth0.40

Valuation

Price/Sales (Trailing 12 Mt.)2.01
Price/Book (Most Recent Quarter)1.37

Earnings

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