Aduro Clean Technologies’ (ADUR) Buy Rating Reaffirmed at D. Boral Capital

D. Boral Capital reissued their buy rating on shares of Aduro Clean Technologies (NASDAQ:ADURFree Report) in a research note published on Tuesday morning,Benzinga reports. D. Boral Capital currently has a $48.00 price target on the stock.

Aduro Clean Technologies Stock Performance

ADUR opened at $11.67 on Tuesday. The firm’s 50-day simple moving average is $10.84 and its 200-day simple moving average is $7.69. Aduro Clean Technologies has a twelve month low of $3.49 and a twelve month high of $12.40. The firm has a market cap of $357.45 million and a price-to-earnings ratio of -36.47.

Institutional Trading of Aduro Clean Technologies

Several hedge funds have recently modified their holdings of the company. Simplex Trading LLC acquired a new position in shares of Aduro Clean Technologies in the 2nd quarter worth approximately $40,000. Raymond James Financial Inc. acquired a new stake in Aduro Clean Technologies during the 2nd quarter valued at $44,000. Citadel Advisors LLC acquired a new stake in Aduro Clean Technologies during the 4th quarter valued at $139,000. Geode Capital Management LLC acquired a new stake in Aduro Clean Technologies during the 2nd quarter valued at $172,000. Finally, NewEdge Advisors LLC increased its holdings in Aduro Clean Technologies by 21,000.0% during 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 in the last quarter.

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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