Clean Diesel Technologies, Inc. (CDTI) Reaches New 1-Year Low at $1.51
Clean Diesel Technologies, Inc. (NASDAQ:CDTI) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $1.51 and last traded at $1.45, with a volume of 231691 shares. The stock had previously closed at $1.63.
CDTI has been the topic of several analyst reports. Cowen and Company set a $4.00 price target on Clean Diesel Technologies and gave the company a “buy” rating in a report on Friday, July 21st. ValuEngine downgraded Clean Diesel Technologies from a “hold” rating to a “sell” rating in a report 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 report on Sunday, August 20th.
Clean Diesel Technologies (NASDAQ:CDTI) last released its quarterly earnings data on Monday, August 14th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.05. The business had revenue of $8.40 million for the quarter, compared to analysts’ expectations 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 in the prior year, the firm posted $0.35 EPS. analysts expect that Clean Diesel Technologies, Inc. will post -0.33 EPS for the current fiscal year.
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Clean Diesel Technologies Company Profile
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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