CDT Environmental Technology Investment (NASDAQ:CDTG) Trading Down 5.5% – Should You Sell?

Shares of CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) traded down 5.5% on Thursday . The company traded as low as $0.76 and last traded at $0.77. 69,688 shares were traded during trading, a decline of 98% from the average session volume of 4,049,677 shares. The stock had previously closed at $0.82.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded CDT Environmental Technology Investment from a “sell” rating to a “hold” rating in a research report on Sunday, June 22nd.

CDT Environmental Technology Investment Stock Down 5.5%

The stock has a 50-day moving average of $0.72 and a two-hundred day moving average of $1.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.50 and a quick ratio of 1.50.

Institutional Trading of CDT Environmental Technology Investment

A hedge fund recently raised its stake in CDT Environmental Technology Investment stock. XTX Topco Ltd increased its position in CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) by 234.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,438 shares of the company’s stock after buying an additional 24,147 shares during the quarter. XTX Topco Ltd owned 0.32% of CDT Environmental Technology Investment worth $67,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.