CDT Environmental Technology Investment (NASDAQ:CDTG) Posts Earnings Results

CDT Environmental Technology Investment (NASDAQ:CDTG) issued its earnings results on Friday. The company reported ($0.36) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $5.45 million for the quarter.

CDT Environmental Technology Investment Stock Up 0.7%

Shares of NASDAQ:CDTG traded up $0.00 during midday trading on Friday, reaching $0.35. The company’s stock had a trading volume of 4,023 shares, compared to its average volume of 79,207. CDT Environmental Technology Investment has a twelve month low of $0.20 and a twelve month high of $2.13. The stock has a fifty day moving average of $0.35 and a 200 day moving average of $0.38.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of CDT Environmental Technology Investment in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Ltd, incorporated in the Cayman Islands, is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the ticker symbol CDTG. The company was formed to raise capital through an initial public offering with the primary objective of identifying and combining with one or more businesses in the environmental technology sector.

Until it completes a business combination, CDT Environmental Technology Investment has no ongoing operations and holds the proceeds of its IPO in a trust account.