Clear Secure, Inc. (NYSE:YOU)’s IPO Keeps on Delivering

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The YOU stock price fluctuated between $45.88 and $51.5 throughout the trading session with the volume trading being 569909 shares, which represented a negative variation when compared to the three months average volume of 1M shares.

The share price of Clear Secure, Inc. (NYSE:YOU) ran up 6.71% to close Sunday’s market session at $49.43, higher as compared to yesterday’s close which brings the market valuation of the company to $3.73B.

The 52-week high for the Clear Secure, Inc.’s shares is $53.97. That puts it -8.41% from that peak but still a 23.57% gain since the share price dropped to a 52-week low of $38.26, while the S&P 500’s share price change was of 33.41%.

What does the trading volume tell us about the YOU stock?

During the last trading session, Clear Secure, Inc. (NYSE:YOU) has seen growth in its daily volume. The daily volume was of 1M, while in the last 10 days the average was 348.66k and last three months – 1.24M.
The increasing interest in the YOU stock from the investors is helping to drive the stock price up.

Growing short interest

The Clear Secure, Inc.’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 289.95k shares being shorted which translates into 0.14 of a short ratio for YOU, while in the previous month the shorted shares were N/A.

Clear Secure, Inc. (NYSE:YOU)’s financials

With a market cap of 3.73B, Clear Secure, Inc. holds a total cash of $213.48M that translates into $30.71 per share.

The company has seen a decrease in the revenue with a year-over-year quarterly revenue growth percentage of -17.50%. The current revenue is of $220.07M that is $31.66 per share.
This is a not so good sign for the future.