LeddarTech (NASDAQ:LDTC – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.17), Zacks reports.
LeddarTech Price Performance
Shares of NASDAQ:LDTC opened at $0.87 on Thursday. The firm has a fifty day moving average price of $1.14 and a two-hundred day moving average price of $0.64. The company has a market cap of $24.89 million, a price-to-earnings ratio of -0.06 and a beta of -1.75. LeddarTech has a one year low of $0.22 and a one year high of $4.35.
Analysts Set New Price Targets
Separately, Roth Mkm increased their price objective on LeddarTech from $1.00 to $3.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th.
About LeddarTech
LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.
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