Aduro Clean Technologies (NASDAQ:ADUR) Given Buy Rating at D. Boral Capital

D. Boral Capital reissued their buy rating on shares of Aduro Clean Technologies (NASDAQ:ADUR) in a research note published on Tuesday,Benzinga reports. D. Boral Capital currently has a $48.00 price target on the stock.

Aduro Clean Technologies Stock Up 9.4%

Shares of NASDAQ:ADUR opened at $11.96 on Tuesday. Aduro Clean Technologies has a 52-week low of $3.49 and a 52-week high of $12.40. The company has a 50 day moving average of $10.77 and a two-hundred day moving average of $7.62. The company has a market capitalization of $366.33 million and a price-to-earnings ratio of -47.84.

Institutional Investors Weigh In On Aduro Clean Technologies

Several large investors have recently added to or reduced their stakes in ADUR. Citadel Advisors LLC acquired a new stake in Aduro Clean Technologies in the fourth quarter worth $139,000. Simplex Trading LLC acquired a new stake in Aduro Clean Technologies in the second quarter worth $40,000. Geode Capital Management LLC acquired a new stake in Aduro Clean Technologies in the second quarter worth $172,000. Copperleaf Capital LLC acquired a new stake in Aduro Clean Technologies in the second quarter worth $233,000. Finally, Diametric Capital LP acquired a new stake in Aduro Clean Technologies in the second quarter worth $345,000.

Aduro Clean Technologies Company Profile

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil and transform renewable oils into higher-value fuels or renewable chemicals. Aduro Clean Technologies is based in LONDON, Ontario.