Stock of the Day: How Analysts Feel About Clean Diesel Technologies, Inc. After Today’s Huge Decline?

Stock of the Day: How Analysts Feel About Clean Diesel Technologies, Inc. After Today's Huge Decline?

The stock of Clean Diesel Technologies, Inc. (NASDAQ:CDTI) is a huge mover today! About 153,744 shares traded hands or 23.49% up from the average. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has declined 3.84% since March 1, 2016 and is downtrending. It has underperformed by 13.08% the S&P500.
The move comes after 9 months negative chart setup for the $12.60 million company. It was reported on Oct, 4 by Barchart.com. We have $2.90 PT which if reached, will make NASDAQ:CDTI worth $1.51M less.

Analysts await Clean Diesel Technologies, Inc. (NASDAQ:CDTI) to report earnings on November, 11. They expect $-0.24 EPS, up 60.00% or $0.36 from last year’s $-0.6 per share. After $-0.13 actual EPS 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 it with “Buy” rating and $3 target price in Tuesday, October 20 report. The rating was downgraded by Roth Capital to “Neutral” on Monday, November 16. The firm has “Buy” rating given on Tuesday, October 20 by H.C. Wainwright. The rating was initiated by Lake Street with “Buy” on Wednesday, October 14. The firm earned “Neutral” rating on Monday, November 16 by TH Capital. The firm has “Neutral” rating by Roth Capital given on Thursday, April 14.

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.
Blackrock Fund has 0% invested in the company for 4,549 shares. California Public Employees Retirement System accumulated 0% or 16,533 shares. Creative Planning has 0% invested in the company for 200 shares. The North Carolina-based Comml Bank Of America De has invested 0% in Clean Diesel Technologies, Inc. (NASDAQ:CDTI). Northern holds 0% of its portfolio in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 20,218 shares. Two Sigma Securities Lc last reported 16,825 shares in the company. Geode Mgmt holds 0% of its portfolio in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 75,857 shares. Deutsche Bancorp Ag accumulated 1,275 shares or 0% of the stock. Goldman Sachs Grp Inc holds 0% of its portfolio in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 32,884 shares. Moreover, Millennium Mngmt has 0% invested in Clean Diesel Technologies, Inc. (NASDAQ:CDTI) for 46,906 shares. Renaissance Limited Liability Company, a New York-based fund reported 21,669 shares. Vanguard Grp Inc Inc accumulated 147,161 shares or 0% of the stock.

More news for Clean Diesel Technologies, Inc. (NASDAQ:CDTI) were recently published by: Streetinsider.com, which released: “Clean Diesel Technologies (CDTI) to Provide Technology to Honda for Newly …” on July 12, 2016. Streetinsider.com‘s article titled: “Clean Diesel Technologies (CDTI), Süd-Chemie India Enter Strategic Cooperation …” and published on September 27, 2016 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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