Aduro Clean Technologies Inc. (NASDAQ:ADUR - Get Free Report) shares rose 4.7% during mid-day trading on Wednesday . The stock traded as high as $10.86 and last traded at $10.80. Approximately 338,598 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 318,584 shares. The stock had previously closed at $10.32.
Analyst Ratings Changes
Separately, D. Boral Capital dropped their price objective on Aduro Clean Technologies from $50.00 to $48.00 and set a "buy" rating for the company in a research report on Wednesday, June 11th.
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Aduro Clean Technologies Price Performance
The business's fifty day moving average price is $8.58 and its 200 day moving average price is $6.42. The stock has a market cap of $330.47 million and a P/E ratio of -46.48.
Hedge Funds Weigh In On Aduro Clean Technologies
An institutional investor recently bought a new position in Aduro Clean Technologies stock. Citadel Advisors LLC purchased a new position in shares of Aduro Clean Technologies Inc. (NASDAQ:ADUR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,278 shares of the company's stock, valued at approximately $139,000. Citadel Advisors LLC owned approximately 0.08% of Aduro Clean Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).
About Aduro Clean Technologies
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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.
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