Clean Diesel Technologies Inc. (CDTI) Trading 4.5% Higher
Clean Diesel Technologies Inc. (NASDAQ:CDTI) shares traded up 4.5% during mid-day trading on Thursday . The stock traded as high as $3.75 and last traded at $3.75, with a volume of 66,610 shares. The stock had previously closed at $3.59.
Separately, Roth Capital restated a “neutral” rating and issued a $0.40 target price on shares of Clean Diesel Technologies in a report on Wednesday, July 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $2.28.
The stock has a 50-day moving average of $2.53 and a 200 day moving average of $2.90. The stock’s market cap is $14.61 million.
Clean Diesel Technologies (NASDAQ:CDTI) last posted its quarterly earnings results on Friday, May 13th. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.05. During the same quarter in the previous year, the company posted ($0.21) earnings per share. The company earned $9.70 million during the quarter, compared to the consensus estimate of $8.77 million. On average, equities analysts forecast that Clean Diesel Technologies Inc. will post ($1.17) EPS for the current fiscal 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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