Aduro Clean Technologies (NASDAQ:ADUR) Price Target Cut to $48.00 by Analysts at D. Boral Capital

Aduro Clean Technologies (NASDAQ:ADUR - Free Report) had its price objective trimmed by D. Boral Capital from $50.00 to $48.00 in a research report released on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Aduro Clean Technologies Stock Performance

Shares of ADUR traded up $0.53 during mid-day trading on Wednesday, reaching $8.76. The company had a trading volume of 413,763 shares, compared to its average volume of 119,748. The company has a market capitalization of $249.12 million and a price-to-earnings ratio of -35.04. The firm has a 50-day moving average price of $6.27 and a 200 day moving average price of $5.80. Aduro Clean Technologies has a 52 week low of $2.86 and a 52 week high of $11.97.

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 Aduro Clean Technologies Inc. (NASDAQ:ADUR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.

About Aduro Clean Technologies

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.