CDT Environmental Technology Investment (NASDAQ:CDTG) Announces Earnings Results

CDT Environmental Technology Investment (NASDAQ:CDTG) issued its quarterly earnings data on Friday. The company reported ($0.36) EPS for the quarter, FiscalAI reports. The firm had revenue of $5.45 million for the quarter.

CDT Environmental Technology Investment Trading Up 0.7%

Shares of NASDAQ CDTG traded up $0.00 during mid-day trading on Friday, hitting $0.35. 4,023 shares of the company traded hands, compared to its average volume of 79,207. CDT Environmental Technology Investment has a 1 year low of $0.20 and a 1 year high of $2.13. The business has a 50 day moving average of $0.35 and a two-hundred day moving average of $0.38.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of CDT Environmental Technology Investment in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CDT Environmental Technology Investment has a consensus rating of “Sell”.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Ltd, incorporated in the Cayman Islands, is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the ticker symbol CDTG. The company was formed to raise capital through an initial public offering with the primary objective of identifying and combining with one or more businesses in the environmental technology sector.

Until it completes a business combination, CDT Environmental Technology Investment has no ongoing operations and holds the proceeds of its IPO in a trust account.