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

Aduro Clean Technologies Inc. (NASDAQ:ADUR - Get Free Report)'s stock price traded up 4.7% during trading on Wednesday . The company traded as high as $10.86 and last traded at $10.80. 338,598 shares traded hands during trading, an increase of 6% from the average session volume of 318,584 shares. The stock had previously closed at $10.32.

Analysts Set New Price Targets

Separately, D. Boral Capital decreased their price objective on shares of Aduro Clean Technologies from $50.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, June 11th.

Aduro Clean Technologies Trading Down 4.2%

The business's fifty day simple moving average is $8.35 and its 200 day simple moving average is $6.34. The stock has a market cap of $294.35 million and a P/E ratio of -41.40.

Institutional Investors Weigh In On Aduro Clean Technologies

An institutional investor recently bought a new position in Aduro Clean Technologies stock. Citadel Advisors LLC bought a new stake in Aduro Clean Technologies Inc. (NASDAQ:ADUR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 at the end of the most recent quarter.

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.