Clean Diesel Technologies (CDTI) Earning Somewhat Positive News Coverage, Analysis Shows
Media headlines about Clean Diesel Technologies (NASDAQ:CDTI) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Clean Diesel Technologies earned a news impact score of 0.15 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 46.0082235957125 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- President Donald J. Trump Announces Intent to Nominate Personnel to Key Administration Posts (whitehouse.gov)
- Is It Time To Buy Clean Diesel Technologies Inc (CDTI)? (finance.yahoo.com)
- APC Automotive Technologies Acquires DuraFit Brand And Assets For Its AP Emissions Technologies Division (aftermarketnews.com)
- BRIEF-Clean Diesel Technologies says sold DuraFit product line to AP Exhaust for $3.2 mln (wardsauto.com)
- CDTi Exits Downstream Distribution Activities through Sale of … – GlobeNewswire (press release) (globenewswire.com)
Clean Diesel Technologies (NASDAQ CDTI) opened at 2.17 on Thursday. The firm’s market capitalization is $34.13 million. Clean Diesel Technologies has a 1-year low of $1.52 and a 1-year high of $3.94. The company’s 50-day moving average price is $2.03 and its 200 day moving average price is $2.66.
Clean Diesel Technologies (NASDAQ:CDTI) last issued its earnings results on Monday, August 14th. The basic materials company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.05. The business had revenue of $8.40 million for the quarter, compared to analyst estimates of $8.10 million. Clean Diesel Technologies had a negative return on equity of 116.29% and a negative net margin of 72.31%. During the same period last year, the company posted $0.35 EPS. On average, equities analysts anticipate that Clean Diesel Technologies will post ($0.32) EPS for the current year.
A number of equities research analysts have recently weighed in on the company. Cowen and Company reaffirmed an “outperform” rating and issued a $4.00 price objective (up from $3.50) on shares of Clean Diesel Technologies in a research note on Wednesday, May 17th. ValuEngine cut Clean Diesel Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, Roth Capital set a $2.00 price objective on Clean Diesel Technologies and gave the company a “hold” rating in a research note on Sunday, August 20th.
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.
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