Clean Diesel Technologies Inc. (CDTI) Sets New 12-Month High at $2.44
Clean Diesel Technologies Inc. (NASDAQ:CDTI)’s share price reached a new 52-week high on Monday . The stock traded as high as $2.44 and last traded at $2.28, with a volume of 125,505 shares changing hands. The stock had previously closed at $0.53.
Separately, Roth Capital restated a “neutral” rating and set a $0.40 price objective on shares of Clean Diesel Technologies in a research report on Wednesday, July 6th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Clean Diesel Technologies has a consensus rating of “Buy” and a consensus price target of $2.28.
The firm’s 50-day moving average is $0.40 and its 200-day moving average is $0.58. The firm’s market capitalization is $45.50 million.
Clean Diesel Technologies (NASDAQ:CDTI) last issued its quarterly earnings data on Friday, May 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.05. The business earned $9.70 million during the quarter, compared to the consensus estimate of $8.77 million. During the same period in the previous year, the firm posted ($0.21) earnings per share. Equities research analysts expect that Clean Diesel Technologies Inc. will post ($0.23) earnings per share for the current year.
Clean Diesel Technologies, Inc is a global manufacturer and distributor of heavy duty diesels and light duty vehicle emissions control systems and products to automakers and retrofitters. The Company operates in two segments: Heavy Duty Diesel Systems division and Catalyst division. The Company’s Heavy Duty Diesel Systems division specializes in the design and manufacture of verified exhaust emissions control solutions.
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