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

Weiss Ratings reaffirmed their sell (d-) rating on shares of Aduro Clean Technologies (NASDAQ:ADUR) in a research note issued to investors on Wednesday,Weiss Ratings reports.

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

Aduro Clean Technologies Price Performance

Aduro Clean Technologies stock opened at $16.31 on Wednesday. The firm’s 50 day simple moving average is $12.54 and its 200-day simple moving average is $9.40. The company has a market cap of $499.58 million and a P/E ratio of -50.97. Aduro Clean Technologies has a fifty-two week low of $3.49 and a fifty-two week high of $17.66.

Institutional Trading of Aduro Clean Technologies

Institutional investors have recently added to or reduced their stakes in the business. Simplex Trading LLC acquired a new stake in Aduro Clean Technologies in the second quarter valued at approximately $40,000. Raymond James Financial Inc. acquired a new stake in Aduro Clean Technologies in the second quarter valued at approximately $44,000. Geode Capital Management LLC acquired a new stake in Aduro Clean Technologies in the second quarter valued at approximately $172,000. NewEdge Advisors LLC raised its position in shares of Aduro Clean Technologies by 21,000.0% in the second 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 period. Finally, Copperleaf Capital LLC bought a new position in shares of Aduro Clean Technologies in the second quarter valued at approximately $233,000.

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.