Aduro Clean Technologies’ (ADUR) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (d-) rating on shares of Aduro Clean Technologies (NASDAQ:ADUR) in a research report report published on Friday morning,Weiss Ratings reports.

Separately, D. Boral Capital reaffirmed a “buy” rating and set a $48.00 target price on shares of Aduro Clean Technologies in a report on Tuesday, August 26th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.00.

Aduro Clean Technologies Trading Up 2.4%

Aduro Clean Technologies stock opened at $14.71 on Friday. Aduro Clean Technologies has a 1-year low of $3.49 and a 1-year high of $17.66. The firm has a market capitalization of $450.57 million and a price-to-earnings ratio of -37.72. The firm has a 50 day simple moving average of $13.30 and a 200 day simple moving average of $10.20.

Aduro Clean Technologies (NASDAQ:ADUR) last released its quarterly earnings data on Wednesday, October 15th. The company reported ($0.15) earnings per share for the quarter. Aduro Clean Technologies had a negative net margin of 7,329.94% and a negative return on equity of 133.33%. The business had revenue of $0.03 million during the quarter.

Hedge Funds Weigh In On Aduro Clean Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the business. Diametric Capital LP bought a new position in shares of Aduro Clean Technologies during the 2nd quarter valued at $345,000. Copperleaf Capital LLC bought a new position in shares of Aduro Clean Technologies during the 2nd quarter valued at $233,000. NewEdge Advisors LLC grew its holdings in shares of Aduro Clean Technologies by 21,000.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,100 shares of the company’s stock valued at $189,000 after purchasing an additional 21,000 shares during the last quarter. Geode Capital Management LLC bought a new position in shares of Aduro Clean Technologies during the 2nd quarter valued at $172,000. Finally, Raymond James Financial Inc. bought a new position in shares of Aduro Clean Technologies during the 2nd quarter valued at $44,000.

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.