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

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

CDT Environmental Technology Investment Trading Up 0.7%

Shares of CDTG stock opened at $0.35 on Friday. CDT Environmental Technology Investment has a 12 month low of $0.20 and a 12 month high of $2.13. The company’s fifty day moving average price is $0.35 and its two-hundred day moving average price is $0.38.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of CDT Environmental Technology Investment in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

CDT Environmental Technology Investment Company Profile

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.