Clean Diesel Technologies Inc. (CDTI) Shares Up 3.6%
Clean Diesel Technologies Inc. (NASDAQ:CDTI)’s share price shot up 3.6% during trading on Monday . The stock traded as high as $3.84 and last traded at $3.76, with a volume of 58,932 shares traded. The stock had previously closed at $3.63.
Separately, Roth Capital restated a “neutral” rating and issued a $4.00 price target (up previously from $2.00) on shares of Clean Diesel Technologies in a research note on Thursday, August 25th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Clean Diesel Technologies currently has a consensus rating of “Buy” and a consensus target price of $3.00.
The firm’s market capitalization is $14.57 million. The company has a 50-day moving average of $3.48 and a 200-day moving average of $2.92.
Clean Diesel Technologies (NASDAQ:CDTI) last announced its quarterly earnings data on Monday, August 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.60. The firm had revenue of $8.40 million for the quarter, compared to analysts’ expectations of $9.19 million. During the same period in the previous year, the company posted ($0.80) EPS. Analysts forecast that Clean Diesel Technologies Inc. will post ($4.90) EPS for the current year.
Clean Diesel Technologies, Inc commercializes its material technology by manufacturing and distributing light duty vehicle catalysts, and heavy duty diesel emissions control systems and products to automakers, distributors, integrators and retrofitters. The Company operates through two business division segments: Catalyst, which develops and produces catalysts to reduce emissions from gasoline, diesel and natural gas combustion engines, and Heavy Duty Diesel Systems, which designs and manufactures verified exhaust emissions control solutions for a range of heavy duty diesel applications.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.