Stock of the Day: Clean Diesel Technologies, Inc. Stock Price Declines Today

Stock of the Day: Clean Diesel Technologies, Inc. Stock Price Declines Today

The stock of Clean Diesel Technologies, Inc. (NASDAQ:CDTI) is a huge mover today! The stock decreased 6.88% or $0.19 on November 4, hitting $2.57. About 173,582 shares traded hands or 202.94% up from the average. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has declined 26.40% since April 4, 2016 and is downtrending. It has underperformed by 27.49% the S&P500.
The move comes after 6 months negative chart setup for the $10.12M company. It was reported on Nov, 4 by Barchart.com. We have $2.26 PT which if reached, will make NASDAQ:CDTI worth $1.21 million less.

Analysts await Clean Diesel Technologies, Inc. (NASDAQ:CDTI) to report earnings on November, 11. They expect $-0.24 earnings per share, up 60.00% or $0.36 from last year’s $-0.6 per share. After $-0.13 actual earnings per share reported by Clean Diesel Technologies, Inc. for the previous quarter, Wall Street now forecasts 84.62% negative EPS growth.

Clean Diesel Technologies, Inc. (NASDAQ:CDTI) Ratings Coverage

Out of 5 analysts covering Clean Diesel (NASDAQ:CDTI), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Clean Diesel has been the topic of 7 analyst reports since August 17, 2015 according to StockzIntelligence Inc. Rodman and Renshaw initiated Clean Diesel Technologies, Inc. (NASDAQ:CDTI) on Tuesday, October 20 with “Buy” rating. The firm has “Neutral” rating given on Monday, November 16 by TH Capital. The firm has “Neutral” rating given on Monday, November 16 by Roth Capital. The firm has “Buy” rating by Lake Street given on Wednesday, October 14. Roth Capital maintained Clean Diesel Technologies, Inc. (NASDAQ:CDTI) rating on Thursday, April 14. Roth Capital has “Neutral” rating and $0.75 price target. H.C. Wainwright initiated Clean Diesel Technologies, Inc. (NASDAQ:CDTI) on Tuesday, October 20 with “Buy” rating.

According to Zacks Investment Research, “Clean Diesel Technologies, Inc., along with its wholly-owned subsidiary, Clean Diesel International, LLC, is a clean energy and environmental technology company that provides innovative solutions for emissions control and energy conservation. Clean Diesel Technologies’ patented technologies, products and solutions enable cost-effective reduction of harmful emissions from internal combustion engines while also improving fuel economy and power. Products include Platinum Plus fuel-borne catalysts, the Platinum Plus Purifier Systems, the ARIS urea injection systems for selective catalytic reduction of NOx, diesel particulate filter and biofuels technologies. Their products are now in commercial use around the world. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc.”

Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.50, from 0.5 in 2016Q1. The ratio improved, as 4 funds sold all Clean Diesel Technologies, Inc. shares owned while 2 reduced positions. 4 funds bought stakes while 2 increased positions. They now own 398,596 shares or 30.00% less from 569,451 shares in 2016Q1.
Goldman Sachs Group accumulated 0% or 32,884 shares. Deutsche National Bank & Trust Ag holds 0% of its portfolio in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 1,275 shares. Moreover, Renaissance Techs has 0% invested in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 21,669 shares. Blackrock Fund accumulated 4,549 shares or 0% of the stock. Geode Cap Mgmt Llc last reported 75,857 shares in the company. Millennium Management Limited Liability accumulated 46,906 shares or 0% of the stock. Two Sigma Ltd accumulated 0% or 16,825 shares. The Pennsylvania-based Vanguard Grp Incorporated Inc has invested 0% in Clean Diesel Technologies, Inc. (NASDAQ:CDTI). Creative Planning last reported 0% of its portfolio in the stock. Northern Trust accumulated 0% or 20,218 shares. California Employees Retirement System reported 16,533 shares or 0% of all its holdings. Bancorp Of America De holds 0% of its portfolio in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 14,519 shares.

More news for Clean Diesel Technologies, Inc. (NASDAQ:CDTI) were recently published by: Streetinsider.com, which released: “Clean Diesel Technologies (CDTI) Enters $10.3M Private Placement Equity Raise” on November 04, 2016. Latimes.com‘s article titled: “Clean Diesel Technologies seeks to jump-start sales, turn first profit” and published on May 12, 2014 is yet another important article.

CDTI Company Profile

Clean Diesel Technologies, Inc., incorporated on January 19, 1994, 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 Firm operates through two business division divisions: Catalyst and Heavy Duty Diesel Systems. The Firm has activities in the United States, Canada, the United Kingdom, France, Japan and Sweden, as well as an Asian investment. It develops materials incorporating various base metals that replace platinum group metals (PGM) and rare earth metals in coatings on vehicle catalytic converters.

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