Clean Diesel Technologies Inc. (CDTI) Stock Price Down 4%
Clean Diesel Technologies Inc. (NASDAQ:CDTI)’s share price fell 4% on Friday . The company traded as low as $3.82 and last traded at $3.82, with a volume of 63,461 shares traded. The stock had previously closed at $3.98.
Separately, Roth Capital restated a “neutral” rating and set a $0.40 target price on shares of Clean Diesel Technologies in a research report on Wednesday, July 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Clean Diesel Technologies has an average rating of “Buy” and an average target price of $2.28.
The firm has a 50-day moving average price of $2.86 and a 200 day moving average price of $2.93. The company’s market capitalization is $15.15 million.
Clean Diesel Technologies (NASDAQ:CDTI) last announced its quarterly earnings data on Friday, May 13th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.05. The business had revenue of $9.70 million for the quarter, compared to analyst estimates of $8.77 million. During the same period last year, the firm posted ($0.21) EPS. Equities research 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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