Aduro Clean Technologies Inc. (NASDAQ:ADUR - Get Free Report) shares were up 5.9% during mid-day trading on Tuesday . The stock traded as high as $14.11 and last traded at $13.93. Approximately 389,974 shares were traded during trading, an increase of 102% from the average daily volume of 192,952 shares. The stock had previously closed at $13.16.
Wall Street Analysts Forecast Growth
Separately, D. Boral Capital restated a "buy" rating and set a $48.00 price target on shares of Aduro Clean Technologies in a report on Tuesday, August 26th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $48.00.
Check Out Our Latest Stock Report on ADUR
Aduro Clean Technologies Price Performance
The company has a fifty day moving average price of $11.61 and a 200 day moving average price of $8.45. The company has a market capitalization of $408.91 million and a P/E ratio of -41.72.
Hedge Funds Weigh In On Aduro Clean Technologies
A number of hedge funds have recently modified their holdings of ADUR. Simplex Trading LLC acquired a new stake in Aduro Clean Technologies during the second quarter worth about $40,000. Raymond James Financial Inc. acquired a new stake in shares of Aduro Clean Technologies in the second quarter valued at approximately $44,000. Geode Capital Management LLC acquired a new stake in shares of Aduro Clean Technologies in the second quarter valued at approximately $172,000. NewEdge Advisors LLC lifted its stake in shares of Aduro Clean Technologies by 21,000.0% in the 2nd quarter. NewEdge Advisors LLC now owns 21,100 shares of the company's stock valued at $189,000 after purchasing an additional 21,000 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of Aduro Clean Technologies in the 4th quarter valued at $139,000.
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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