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Aduro Clean Technologies (NASDAQ:ADUR) Trading Up 4.7% - Here's What Happened

Aduro Clean Technologies logo with Manufacturing background

Shares of Aduro Clean Technologies Inc. (NASDAQ:ADUR - Get Free Report) were up 4.7% on Wednesday . The company traded as high as $10.86 and last traded at $10.80. Approximately 338,598 shares were traded 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.

Wall Street Analyst Weigh In

Separately, D. Boral Capital reduced their price objective on shares of 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.

Get Our Latest Stock Report on Aduro Clean Technologies

Aduro Clean Technologies Stock Performance

The stock has a market cap of $307.15 million and a P/E ratio of -43.20. The business has a 50 day simple moving average of $8.35 and a 200-day simple moving average of $6.34.

Hedge Funds Weigh In On Aduro Clean Technologies

A hedge fund recently bought a new stake in Aduro Clean Technologies stock. Citadel Advisors LLC bought a new stake in Aduro Clean Technologies Inc. (NASDAQ:ADUR - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,278 shares of the company's stock, valued at approximately $139,000. Citadel Advisors LLC owned about 0.08% of Aduro Clean Technologies as of its most recent SEC filing.

About Aduro Clean Technologies

(Get Free Report)

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.

See Also

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