$0.036 CLSH PNK 09 Jan 2026: CLS Holdings USA oversold bounce we watch
The CLSH stock price sits near $0.03605 in market hours on 09 Jan 2026, creating a short-term oversold bounce setup we are watching. Trading on the PNK exchange in the United States and quoted in USD, CLS Holdings USA, Inc. (CLSH) shows compressed volume at 10,000.00 shares versus an average of 22,104.00. The near-term technicals and company metrics give a clear, high-risk bounce trade: low liquidity and a wide range between the year low $0.01810 and year high $0.06500 suggest quick moves if demand returns. We frame this as an oversold bounce idea for market hours traders.
CLSH stock: Current price and market context
CLSH stock is trading at $0.03605 with a day range of $0.03500–$0.03605 on PNK in the United States. Volume today is 10,000.00, below the 50-day average of 22,104.00, which keeps liquidity thin.
One clear fact: the 50-day average price is $0.03580 and the 200-day average is $0.03347, so the present price sits slightly above both averages and can act as a short-term support reference for a bounce trade.
CLSH stock: Fundamentals and valuation metrics
CLSH stock shows EPS $0.01 and a reported PE of 3.61, driven by low absolute price and small earnings per share. Market capitalization is $5,938,697.00, with 164,735,006.00 shares outstanding, reflecting a micro-cap profile.
Key ratios raise caution: current ratio is 0.17, EV/EBITDA about 8.12, and price-to-sales is 0.46. These metrics point to recovery potential but also balance-sheet stress and high operational risk.
CLSH stock: Technicals and oversold bounce setup
Technically, CLSH stock shows a short-term oversold posture with a tight trading band between the 50- and 200-day averages, which often precedes a bounce in low-float names. Relative volume under 0.50 and a year low $0.01810 give room for mean reversion toward the mid-range.
For traders we watch a near-term reaction zone between $0.03600 and $0.05000 as the first upside targets if buying interest returns during market hours.
CLSH stock: Risks, catalysts, and sector context
Risks include thin liquidity, high volatility, and weak near-term cash metrics — operating cash flow per share is negative and the current ratio is 0.17, which increases downside risk in low-volume sell-offs. Cannabis-related regulatory news or distributor deals could act as catalysts.
Sector context: CLS Holdings sits in the Healthcare/Drug Manufacturers – Specialty & Generic grouping. The broader cannabis sector remains sensitive to regulatory shifts and consumer demand cycles, which directly affect CLSH stock performance.
CLSH stock: Meyka AI grade and analyst framing
Meyka AI rates CLSH with a score out of 100: 69.42 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Note: the grade reflects a balance between cheap valuation and operational risk. These grades are informational only and are not guaranteed; we are not financial advisors.
CLSH stock: Trading plan and price targets
For an oversold bounce strategy we suggest a staged approach: consider a tactical entry near $0.03600 with a tight stop-loss around $0.02000 and a short-term target zone of $0.04500–$0.05000. A conservative exit at $0.04500 locks gains if volume stays light.
Position sizing must be small because market cap and liquidity keep downside risk elevated. Use limit orders in market hours and watch volume spikes as validation.
Final Thoughts
Key takeaways on CLSH stock for market hours: the current quote $0.03605 (PNK, United States) shows a micro-cap with thin liquidity and wide historical range. The setup qualifies as an oversold bounce candidate because price sits near the 50/200-day averages and the year low $0.01810 gives a clear downside reference. Meyka AI’s forecast model projects a short-term baseline target of $0.04800, implying roughly 33.15% upside versus the current price USD 0.03605; forecasts are model-based projections and not guarantees. We set practical targets at $0.04500 and $0.05000, with a protective stop at $0.02000 to limit losses. Traders should weigh the PE 3.61 and weak liquidity before sizing positions. We cite regulatory and sector catalysts as the key drivers that could validate a bounce. Meyka AI provides this analysis as an AI-powered market analysis platform; this is information, not investment advice.
FAQs
Is CLSH stock a buy after the recent pullback?
CLSH stock is a high-risk trade after the pullback. A tactical oversold bounce may work with tight stops and small position sizes. Consider liquidity and a stop around $0.02000 before treating it as a buy.
What is the near-term price target for CLSH stock?
Near-term price targets for CLSH stock are $0.04500 to $0.05000 for an oversold bounce. Meyka AI’s model projects $0.04800 as a baseline; forecasts are projections, not guarantees.
What are the main risks for CLSH stock traders?
Main risks for CLSH stock are thin volume, balance-sheet strain (current ratio ~0.17), regulatory sensitivity in the cannabis sector, and sharp downside moves on low liquidity.
Where can I read recent CLSH stock news and filings?
Check company updates and sector headlines on trusted sources. Recent market mentions are on Markets Insider and business reports; also view CLS Holdings filings on the company website and Meyka stock coverage.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
