CDT Environmental Technology Investment (NASDAQ:CDTG) Stock Falls 10.8% – What’s Next?

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) was down 10.8% on Friday. The stock traded as low as $1.05 and last traded at $1.07. 69,845 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 5,821,352 shares. The stock had previously closed at $1.20.

Analysts Set New Price Targets

A number of analysts recently issued reports on CDTG shares. Wall Street Zen lowered CDT Environmental Technology Investment to a “strong sell” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “sell (d-)” rating on shares of CDT Environmental Technology Investment in a research note on Monday, September 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CDT Environmental Technology Investment presently has a consensus rating of “Sell”.

CDT Environmental Technology Investment Stock Performance

The stock’s fifty day moving average is $1.34 and its two-hundred day moving average is $4.31.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Limited is an environmental technology company that develops and provides wastewater treatment solutions in China. Through its operating subsidiaries, the company serves municipal, industrial and other customers that require systems for collecting, treating and managing wastewater.

Its business includes the design, construction and installation of wastewater treatment facilities, as well as the manufacture and sale of related treatment equipment.