A statement released earlier today by Roth Capital about Clean Diesel (NDAQ:CDTI) bumps the target price to $2.50
- Updated: April 20, 2017
Yesterday Clean Diesel (NDAQ:CDTI) traded 3.26% higher at $2.83. The company’s 50-day moving average is $2.65 and its 200-day moving average is $2.56. The last closing price is up 11.32% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 73,063 shares of the stock were exchanged, down from an average trading volume of 181,263
Roth Capital raised the target price of Clean Diesel (NDAQ:CDTI) to $2.50 indicating a possible downside of -0.12%.
Previously on Tuesday April 18, 2017, Roth Capital reported on Clean Diesel (NDAQ:CDTI) raised the target price from $0.00 to $3.00. At the time, this indicated a possible upside of 0.11%.
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Clean Diesel has a 52 week low of $1.50 and a 52 week high of $5.21 The company’s market cap is currently $0.
In addition to Roth Capital reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $2.06 with 0 firms rating the stock a strong buy, 3 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Clean Diesel (NDAQ:CDTI)
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. It develops materials incorporating various base metals that replace platinum group metals (PGM) and rare earth metals in coatings on vehicle catalytic converters. Its technologies include Spinel, base-metal activated rhodium on Support, mixed phase catalyst, synergized PGM diesel oxidation catalyst (SPGM DOC), Platinum Plus, ARIS, and Exhaust Gas Recirculation and Selective Catalytic Reduction.
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