Somewhat Positive News Coverage Somewhat Unlikely to Affect Clean Diesel Technologies (CDTI) Stock Price

News coverage about Clean Diesel Technologies (NASDAQ:CDTI) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Clean Diesel Technologies earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.3704953676786 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

Clean Diesel Technologies (CDTI) traded up $0.07 during midday trading on Tuesday, hitting $1.42. The stock had a trading volume of 125,000 shares, compared to its average volume of 191,249. Clean Diesel Technologies has a one year low of $1.26 and a one year high of $3.72.

Clean Diesel Technologies (NASDAQ:CDTI) last released its earnings results on Monday, August 14th. The basic materials company reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.05. The company had revenue of $8.40 million during 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 last year, the firm earned $0.35 EPS. sell-side analysts predict that Clean Diesel Technologies will post -0.33 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on the company. Roth Capital set a $2.00 price target on Clean Diesel Technologies and gave the company a “hold” rating in a report on Sunday, August 20th. Cowen and Company reaffirmed an “outperform” rating and set a $4.00 price target on shares of Clean Diesel Technologies in a report on Tuesday, August 15th. Finally, ValuEngine cut Clean Diesel Technologies from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st.

COPYRIGHT VIOLATION WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Affect Clean Diesel Technologies (CDTI) Stock Price” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://sportsperspectives.com/2017/11/15/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-clean-diesel-technologies-cdti-stock-price.html.

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.

Insider Buying and Selling by Quarter for Clean Diesel Technologies (NASDAQ:CDTI)

Receive News & Ratings for Clean Diesel Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Diesel Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply