Clean Diesel Technologies Inc. (CDTI) Stock Price Down 4%
Clean Diesel Technologies Inc. (NASDAQ:CDTI) fell 4% during trading on Friday . The company traded as low as $3.82 and last traded at $3.82, with a volume of 63,461 shares. The stock had previously closed at $3.98.
Separately, Roth Capital decreased their target price on shares of Clean Diesel Technologies from $1.50 to $0.75 and set a “neutral” rating on the stock in a research note on Thursday, April 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Clean Diesel Technologies presently has a consensus rating of “Buy” and a consensus price target of $2.28.
The company’s market cap is $15.15 million. The stock’s 50 day moving average is $2.86 and its 200-day moving average is $2.93.
Clean Diesel Technologies (NASDAQ:CDTI) last posted its quarterly earnings data on Friday, May 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by $0.05. The firm had revenue of $9.70 million for the quarter, compared to analysts’ expectations of $8.77 million. During the same quarter in the prior year, the business posted ($0.21) EPS. On average, equities analysts expect that Clean Diesel Technologies Inc. will post ($1.17) EPS 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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