Aduro Clean Technologies (NASDAQ:ADUR – Get Free Report) released its earnings results on Thursday. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.04, Zacks reports.
Aduro Clean Technologies Stock Performance
ADUR traded up $0.01 during trading on Thursday, reaching $10.00. 479,222 shares of the stock were exchanged, compared to its average volume of 427,040. The stock has a market cap of $353.10 million, a P/E ratio of -16.13 and a beta of 3.28. Aduro Clean Technologies has a twelve month low of $9.00 and a twelve month high of $18.19. The stock’s 50 day moving average price is $13.52 and its two-hundred day moving average price is $13.64.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on ADUR shares. Weiss Ratings restated a “sell (d-)” rating on shares of Aduro Clean Technologies in a report on Friday, July 17th. Roth Capital assumed coverage on shares of Aduro Clean Technologies in a research note on Monday, July 27th. They issued a “buy” rating and a $30.00 price target on the stock. Wall Street Zen downgraded shares of Aduro Clean Technologies from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 5th. Zacks Research downgraded shares of Aduro Clean Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, September 25th. Finally, HC Wainwright restated a “buy” rating and issued a $22.00 price objective on shares of Aduro Clean Technologies in a report on Wednesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $29.25.
Check Out Our Latest Research Report on ADUR
Aduro Clean Technologies Company Profile
Aduro Clean Technologies Inc (NASDAQ: ADUR) is a Canadian technology company developing chemical recycling and resource-upgrading solutions. Its proprietary Hydrochemolytic™ technology uses water, catalysts and controlled process conditions to convert difficult-to-process feedstocks into higher-value products.
The company’s platform is designed for applications including the conversion of plastic waste into reusable hydrocarbon feedstocks, the upgrading of renewable oils into lower-carbon fuels and chemicals, and the treatment of heavy oil and bitumen.
See Also
- Five stocks we like better than Aduro Clean Technologies
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Aduro Clean Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aduro Clean Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
