Clean Diesel Technologies Inc. (CDTI) Stock Price Up 3.6%
Clean Diesel Technologies Inc. (NASDAQ:CDTI) rose 3.6% on Monday . The company 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 reiterated a “neutral” rating and issued a $4.00 price target (up from $2.00) on shares of Clean Diesel Technologies in a research note on Thursday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $3.00.
The company’s 50 day moving average price is $3.38 and its 200-day moving average price is $2.93. The firm’s market capitalization is $14.96 million.
Clean Diesel Technologies (NASDAQ:CDTI) last issued its quarterly earnings data on Monday, August 15th. The company reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.47) by $0.60. The firm earned $8.40 million during the quarter, compared to analyst estimates of $9.19 million. During the same period in the previous year, the firm posted ($0.80) earnings per share. On average, equities analysts predict 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.
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