Clean Diesel Technologies Inc. (NASDAQ:CDTI) – Investment analysts at Roth Capital boosted their Q3 2016 earnings estimates for Clean Diesel Technologies in a research note issued on Wednesday. Roth Capital analyst M. Koranda now forecasts that the brokerage will post earnings per share of ($0.18) for the quarter, up from their prior estimate of ($0.30). Roth Capital has a “Neutral” rating and a $4.00 price objective on the stock. Roth Capital also issued estimates for Clean Diesel Technologies’ Q4 2016 earnings at ($0.07) EPS, FY2016 earnings at ($0.66) EPS, Q1 2017 earnings at ($0.02) EPS, Q2 2017 earnings at ($0.02) EPS, Q3 2017 earnings at ($0.12) EPS, Q4 2017 earnings at ($0.12) EPS and FY2017 earnings at ($0.28) EPS.
Shares of Clean Diesel Technologies (NASDAQ:CDTI) traded down 0.8039% during mid-day trading on Friday, reaching $3.5909. 11,256 shares of the company’s stock traded hands. Clean Diesel Technologies has a 12 month low of $1.50 and a 12 month high of $9.50. The company’s market cap is $14.14 million. The company has a 50 day moving average of $3.75 and a 200 day moving average of $2.96.
Clean Diesel Technologies (NASDAQ:CDTI) last announced its earnings results on Monday, August 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of ($0.47) by $0.60. The firm had revenue of $8.40 million for the quarter, compared to the consensus estimate of $9.19 million. Clean Diesel Technologies had a negative net margin of 12.23% and a negative return on equity of 1,407.64%. During the same period last year, the company posted ($0.80) EPS.
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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