CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) price on current trading day, rose 16.15% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.23.
A look at the stock’s price movement, the close in the last trading session was $1.92, moving within a range at $1.99 and $2.3. The PE ratio in trailing twelve months stood at 24.70. Turning to its 52-week performance, $4.64 and $1.16 were the 52-week high and 52-week low respectively. Overall, CDTG moved 70.23% over the past month.
CDT Environmental Technology Investment Holdings Ltd’s market cap currently stands at around $23.86 million, with investors looking forward to this quarter’s earnings report slated for in May.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CDTG is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
CDTG’s current price about 23.58% and 45.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 64.88, while 7-day volatility ratio is 12.61% and 14.37% in the 30-day chart. Further, CDT Environmental Technology Investment Holdings Ltd (CDTG) has a beta value of -1.67, and an average true range (ATR) of 0.24.
If we refocus on CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG), historical trading data shows that trading volumes averaged 0.56 over the past 10 days and 192.15K over the past 3 months. The company’s latest data on shares outstanding shows there are 10.82 million shares.
The 69.22% of CDT Environmental Technology Investment Holdings Ltd’s shares are in the hands of company insiders while institutional holders own 2.38% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7658.0 on 2025-03-14, giving us a short ratio of 0.07. The data shows that as of 2025-03-14 short interest in CDT Environmental Technology Investment Holdings Ltd (CDTG) stood at 11.999999 of shares outstanding, with shares short falling to 28048.0 registered in 2025-02-14. Current price change has pushed the stock -49.89% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CDTG stock continues to rise going into the next quarter.
