LeddarTech (NASDAQ:LDTC – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.17), Zacks reports.
LeddarTech Stock Performance
Shares of NASDAQ LDTC traded down $0.05 during midday trading on Wednesday, reaching $0.87. 89,447 shares of the company traded hands, compared to its average volume of 1,240,094. The firm has a market cap of $25.03 million, a PE ratio of -0.06 and a beta of -1.75. The stock’s 50-day simple moving average is $1.12 and its 200-day simple moving average is $0.64. LeddarTech has a 12 month low of $0.22 and a 12 month high of $4.35.
Analysts Set New Price Targets
Separately, Roth Mkm lifted their price target on shares of LeddarTech from $1.00 to $3.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th.
About LeddarTech
LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.
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