Roth Capital Maintains Clean Diesel Technologies to Neutral with Price Target $0.75

Brokerage firm Roth Capital Maintains its rating on Clean Diesel Technologies(NASDAQ:CDTI). In a research note issued to the investors, the brokerage major Lowers the price-target to $0.75 per share. The shares have been rated Neutral. The rating by Roth Capital was issued on Apr 14, 2016.

Clean Diesel Technologies (CDTI) made into the market gainers list on Mondays trading session with the shares advancing 0.31% or 0.002 points. Due to strong positive momentum, the stock ended at $0.64, which is also near the day’s high of $0.68. The stock began the session at $0.68 and the volume stood at 1,40,395 shares. The 52-week high of the shares is $3.38 and the 52 week low is $0.512. The company has a current market capitalization of $12 M and it has 1,84,61,027 shares in outstanding.

Clean Diesel Technologies(CDTI) last announced its earnings results on Mar 30, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $9.70M. Analysts had an estimated revenue of $10.25M. Earnings per share were $-0.02. Analysts had estimated an EPS of $-0.18.

Several Insider Transactions has been reported to the SEC. On Dec 18, 2015, Matthew Beale (CEO) purchased 50,000 shares at $0.97 per share price.Also, On Sep 9, 2015, Pedro J. Lopez-baldrich (General Counsel) sold 6,428 shares at $1.58 per share price.On Aug 11, 2015, David Eric Shea (Chief Financial Officer) sold 4,616 shares at $1.45 per share price, according to the Form-4 filing with the securities and exchange commission.

Clean Diesel Technologies Inc. is a global manufacturer and distributor of heavy duty diesels and light duty vehicle emissions control systems and products to automakers and retrofitters. The Company operates in two segments: Heavy Duty Diesel Systems division and Catalyst division. The Company’s Heavy Duty Diesel Systems division specializes in the design and manufacture of verified exhaust emissions control solutions. Its Catalyst division produces catalyst formulations to reduce emissions from gasoline diesel and natural gas combustion engines. The Company’s Catalyst technologies include mixed phase catalyst (MPC) Platinum Plus and ARIS. The Company conducts its operations primarily through its wholly owned subsidiary Catalytic Solutions Inc. (CSI).

Leave a Reply

Clean Diesel Technologies - Is it time to Sell?

Top Brokerage Firms are advising their investors on Clean Diesel Technologies. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.