Guardian Wealth Advisors LLC NC Makes New Investment in Aduro Clean Technologies Inc. $ADUR

Guardian Wealth Advisors LLC NC acquired a new stake in Aduro Clean Technologies Inc. (NASDAQ:ADUR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 40,000 shares of the company’s stock, valued at approximately $630,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC bought a new stake in shares of Aduro Clean Technologies during the second quarter worth $172,000. NewEdge Advisors LLC boosted its holdings in Aduro Clean Technologies by 21,000.0% in the second quarter. NewEdge Advisors LLC now owns 21,100 shares of the company’s stock valued at $189,000 after acquiring an additional 21,000 shares during the last quarter. Raymond James Financial Inc. bought a new position in Aduro Clean Technologies in the second quarter valued at about $44,000. UBS Group AG increased its position in Aduro Clean Technologies by 20.9% in the third quarter. UBS Group AG now owns 70,594 shares of the company’s stock worth $946,000 after purchasing an additional 12,202 shares during the period. Finally, Two Sigma Investments LP bought a new stake in Aduro Clean Technologies during the 3rd quarter worth about $528,000.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ADUR. Wall Street Zen downgraded shares of Aduro Clean Technologies from a “sell” rating to a “strong sell” rating in a research report on Saturday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aduro Clean Technologies in a research report on Friday, July 17th. Finally, Roth Capital started coverage on shares of Aduro Clean Technologies in a research note on Monday, July 27th. They set a “buy” rating and a $30.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Aduro Clean Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.25.

Aduro Clean Technologies Price Performance

NASDAQ:ADUR opened at $13.58 on Tuesday. Aduro Clean Technologies Inc. has a 12-month low of $9.00 and a 12-month high of $18.19. The stock’s fifty day simple moving average is $14.82 and its 200-day simple moving average is $13.43. The firm has a market capitalization of $479.51 million, a P/E ratio of -21.90 and a beta of 3.22.

Aduro Clean Technologies (NASDAQ:ADUR) last released its quarterly earnings data on Monday, August 31st. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.19). As a group, equities research analysts expect that Aduro Clean Technologies Inc. will post -0.33 earnings per share for the current year.

About Aduro Clean Technologies

Aduro Clean Technologies, Inc is a development‐stage clean energy company that designs, develops and seeks to commercialize modular process systems for the production and purification of hydrogen. Listed on the Nasdaq under the ticker ADUR, the company focuses on low‐emission solutions to support the emerging hydrogen economy, including renewable fuel applications, energy storage and industrial gas supply. Aduro Clean Technologies aims to address the growing demand for high‐purity hydrogen across mobility, power generation and chemical processing sectors.

The company’s core technologies include its H2-Conductor platform, a membrane‐based system engineered to separate and purify hydrogen from mixed gas streams, and its H2-Integrate suite of modular reactors capable of producing hydrogen from various feedstocks.