CDT Environmental Technology Investment (NASDAQ:CDTG) Lowered to Sell Rating by Wall Street Zen

CDT Environmental Technology Investment (NASDAQ:CDTG) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

CDT Environmental Technology Investment Price Performance

NASDAQ CDTG opened at $1.40 on Friday. The company has a 50 day simple moving average of $1.28 and a 200-day simple moving average of $1.93. CDT Environmental Technology Investment has a 52-week low of $0.52 and a 52-week high of $4.64.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CDTG. Renaissance Technologies LLC acquired a new position in shares of CDT Environmental Technology Investment during the 4th quarter worth about $266,000. Citadel Advisors LLC bought a new stake in CDT Environmental Technology Investment in the 4th quarter valued at approximately $240,000. Finally, XTX Topco Ltd lifted its stake in CDT Environmental Technology Investment by 234.6% in the 1st quarter. XTX Topco Ltd now owns 34,438 shares of the company’s stock valued at $67,000 after acquiring an additional 24,147 shares in the last quarter.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Holdings Limited designs, develops, manufactures, sells, installs, operates, and maintains sewage treatment systems in China. The company sells complete sewage treatment systems; constructs rural sewage treatment plants; installs systems; and provides on-going operation and maintenance services for systems and plants in China for municipalities and enterprise clients.