Shares of CDTi Advanced Materials Inc (NASDAQ:CDTI) dropped 0.3% during trading on Friday . The company traded as low as $0.47 and last traded at $0.59. Approximately 200 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 224,605 shares. The stock had previously closed at $0.59.
CDTi Advanced Materials (NASDAQ:CDTI) last posted its earnings results on Tuesday, August 14th. The basic materials company reported ($0.09) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.09). The company had revenue of $2.43 million during the quarter, compared to analyst estimates of $2.80 million. CDTi Advanced Materials had a negative return on equity of 85.75% and a negative net margin of 21.21%.
About CDTi Advanced Materials (NASDAQ:CDTI)
CDTi Advanced Materials, Inc provides technology and solutions to the automotive emissions control markets in the United States, Canada, and Europe. Its catalyst products include synergized- platinum group metal (PGM) diesel oxidation catalysts, zero-PGM catalysts, selective catalytic reduction catalysts, and base-metal activated rhodium support catalysts.
Further Reading: Quiet Period
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