CDT Environmental Technology Investment (NASDAQ:CDTG) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of CDT Environmental Technology Investment (NASDAQ:CDTG) from a hold rating to a sell rating in a research report sent to investors on Saturday.

CDT Environmental Technology Investment Stock Down 2.0%

NASDAQ CDTG opened at $1.37 on Friday. CDT Environmental Technology Investment has a 12-month low of $0.52 and a 12-month high of $4.64. The company has a fifty day simple moving average of $1.27 and a two-hundred day simple moving average of $1.90.

Hedge Funds Weigh In On CDT Environmental Technology Investment

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in shares of CDT Environmental Technology Investment in the fourth quarter valued at about $46,000. Citadel Advisors LLC acquired a new stake in shares of CDT Environmental Technology Investment during the fourth quarter worth about $240,000. Finally, Renaissance Technologies LLC purchased a new stake in CDT Environmental Technology Investment in the fourth quarter valued at approximately $266,000.

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.