Clean Diesel Technologies Inc. (CDTI) Given New $6.00 Price Target at Lake Street Capital
Clean Diesel Technologies Inc. (NASDAQ:CDTI) had its price objective reduced by Lake Street Capital from $10.00 to $6.00 in a report issued on Tuesday morning. They currently have a buy rating on the stock.
Separately, Roth Capital restated a neutral rating and set a $4.00 price target (up from $2.00) on shares of Clean Diesel Technologies in a research report on Thursday, August 25th.
Clean Diesel Technologies (NASDAQ:CDTI) traded down 0.4304% during trading on Tuesday, reaching $2.2901. The company’s stock had a trading volume of 86,968 shares. The firm’s market cap is $9.02 million. Clean Diesel Technologies has a one year low of $1.50 and a one year high of $8.30. The company has a 50-day moving average of $3.12 and a 200 day moving average of $2.87.
Clean Diesel Technologies (NASDAQ:CDTI) last posted its quarterly earnings results on Monday, November 14th. The company reported ($2.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $2.30. Clean Diesel Technologies had a negative net margin of 44.30% and a negative return on equity of 39,435.04%. During the same quarter in the previous year, the business earned ($0.65) EPS. Analysts expect that Clean Diesel Technologies will post ($0.66) EPS for the current fiscal year.
A hedge fund recently bought a new stake in Clean Diesel Technologies stock. KCG Holdings Inc. acquired a new stake in shares of Clean Diesel Technologies Inc. (NASDAQ:CDTI) during the third quarter, according to its most recent filing with the SEC. The institutional investor acquired 28,954 shares of the company’s stock, valued at approximately $105,000. KCG Holdings Inc. owned 0.74% of Clean Diesel Technologies as of its most recent SEC filing. Institutional investors and hedge funds own 10.24% of the company’s stock.
About Clean Diesel Technologies
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.
Receive News & Stock Ratings for Clean Diesel Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Diesel Technologies Inc. and related stocks with our FREE daily email newsletter.