Boston, MA 06/06/2013 (wallstreetpr) – The share prices of ClearOne Inc. (NASDAQ:CLRO) had surged by 3.48 percent to close at $9.21 per share for the end of last trading session on Wednesday. The shares of the company had been trading in the range of $8.78 to $9.45 per share during the day. The shares of ClearOne Inc. (NASDAQ:CLRO) had recorded 52 week high price level of $9.81 per share and 52 week low price level of $3.70 per share.
ClearOne Inc. (NASDAQ:CLRO) is a company involved in providing communications solutions which include the development and sales of audio conferencing systems and related products for audio, video and web conferencing systems and applications. The company is involved in the development, production, marketing and sales of wide range of audio conferencing products for use in personal computers, laptops and table tops of premium and professional categories.
The Beamforming Microphone Array, which is a Pro Audio industry product developed by ClearOne Inc. (NASDAQ:CLRO) is now been extended for supporting tabletop and wall applications as well. This expansion of the product for further applications proves to be the most powerful innovation in the Pro Audio industry.
The shares of ClearOne Inc. (NASDAQ:CLRO) had been surging in prices with marginal increases in trading volume. The company had witnessed the trade of 36,305 shares on the last trading session on Wednesday, while the average trading volume of the company is at 44,377 shares per day.
ClearOne Inc. (NASDAQ:CLRO) presently holds 9.11 million shares outstanding in the market with an institutional ownership of 21 percent of its holdings.
