Clean Diesel Technologies Inc. (CDTI) Stock Price Down 10.4%
Clean Diesel Technologies Inc. (NASDAQ:CDTI)’s share price fell 10.4% on Thursday . The stock traded as low as $3.32 and last traded at $3.36, with a volume of 324,322 shares. The stock had previously closed at $3.75.
Separately, Roth Capital reiterated 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 company’s stock. The company has an average rating of “Buy” and a consensus price target of $2.28.
The stock’s market cap is $12.93 million. The firm has a 50-day moving average of $2.18 and a 200-day moving average of $2.87.
Clean Diesel Technologies (NASDAQ:CDTI) last announced its earnings results 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 firm had revenue of $9.70 million for the quarter, compared to the consensus estimate of $8.77 million. During the same quarter last year, the firm earned ($0.21) EPS. On average, equities analysts anticipate that Clean Diesel Technologies Inc. will post ($1.17) 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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