Aduro Clean Technologies (NASDAQ:ADUR – Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.19), Zacks reports.
Aduro Clean Technologies Stock Performance
Shares of Aduro Clean Technologies stock opened at $13.80 on Thursday. The company has a 50-day simple moving average of $14.90 and a two-hundred day simple moving average of $13.37. The stock has a market capitalization of $487.28 million, a PE ratio of -22.26 and a beta of 3.22. Aduro Clean Technologies has a 52-week low of $9.00 and a 52-week high of $18.19.
Institutional Investors Weigh In On Aduro Clean Technologies
Several institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in Aduro Clean Technologies by 5.1% in the 4th quarter. NewEdge Advisors LLC now owns 33,344 shares of the company’s stock worth $345,000 after acquiring an additional 1,604 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Aduro Clean Technologies by 800.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,700 shares of the company’s stock valued at $28,000 after purchasing an additional 2,400 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Aduro Clean Technologies in the 2nd quarter worth $44,000. Virtu Financial LLC bought a new stake in shares of Aduro Clean Technologies in the 4th quarter worth $112,000. Finally, UBS Group AG raised its stake in shares of Aduro Clean Technologies by 20.9% in the third quarter. UBS Group AG now owns 70,594 shares of the company’s stock worth $946,000 after purchasing an additional 12,202 shares during the last quarter.
Analyst Ratings Changes
Read Our Latest Report on Aduro Clean Technologies
About Aduro Clean Technologies
Aduro Clean Technologies, Inc is a development‐stage clean energy company that designs, develops and seeks to commercialize modular process systems for the production and purification of hydrogen. Listed on the Nasdaq under the ticker ADUR, the company focuses on low‐emission solutions to support the emerging hydrogen economy, including renewable fuel applications, energy storage and industrial gas supply. Aduro Clean Technologies aims to address the growing demand for high‐purity hydrogen across mobility, power generation and chemical processing sectors.
The company’s core technologies include its H2-Conductor platform, a membrane‐based system engineered to separate and purify hydrogen from mixed gas streams, and its H2-Integrate suite of modular reactors capable of producing hydrogen from various feedstocks.
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