Clean Diesel Technologies, Inc. (NASDAQ:CDTI) pretends to be active mover, stock build up around 1.41% to traded at $2.16. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has sold its DuraFit and private label OEM replacement diesel particulate filter and diesel oxidation catalysts product line to AP Exhaust Technologies for $3.2 million. In parallel with the sale, CDTi and AP Exhaust have entered a supply contract whereby CDTi will provide coating and materials for AP Exhaust’s DPF and DOC product lines.
Matthew Beale, CDTi’s CEO, stated, “Through the strategic sale of our downstream business, we have completed the final step in facilitating the transformation of the company into a provider of enabling technology to the emissions catalyst market by the end of the year. Our advanced materials and specialty coating business model streamlines our infrastructure, supports higher margins and improves profitability. While we will begin with less revenue than under our previous model, we expect to drive growth in our new powder-to-coat business in 2018 and into 2019 by providing technology to our manufacturing partners in the U.S., China, India, Europe and OEMs around the world. We believe our technology provider model is highly scalable, allowing us to contend for the more than 90 million vehicle market worldwide ly. “For the last several quarters, CDTi has been focused on the strategic repositioning of the business to provide our technology to other manufacturers, which dramatically increases the size of our addressable market. These activities result in a leaner, more focused organization with a strengthened balance sheet, and we are now positioned to convert our progress into long-term profitable growth.”
The liquidity measure in recent quarter results of the company was recorded 1.20 as current ratio, on the other side the debt to equity ratio was 0.13, and long-term debt to equity ratio remained 0.13. The Company has gross margin of 19.90% and profit margin was negative -72.30% in trailing twelve months.
To accommodate long-term intention, experts calculate Return on Investment of -227.80%. The firm has Profit Margin of negative -72.30%.
Twitter, Inc. (NYSE:TWTR), stock shows upbeat performance surged around 1.20% in early session as its gaining volume of 13.94 Million. Twitter is now allowing users to share access to their multiple accounts via iOS and Android applications without needing to share that accounts password. The company retweeted a tweet from its TweetDeck unit that said: “Teams is a safe way to manage accounts without having to share passwords. Now available on mobile within the Twitter app.”
TweetDeck offers a more convenient Twitter experience by letting you view multiple timelines in one easy interface. Many of TweetDeck’s more advanced features, like muting, search, and list management, already exist on Twitter itself. It only makes sense that shared accounts would make their way over too, TechCrunch declared on Saturday. Earlier, contributors and admins could only use TweetDeck Teams accounts in TweetDeck itself. TweetDeck app was bought by Twitter for $40 million back in 2011. Twitter discontinued TweetDeck’s mobile apps a few years ago and later shut down its Windows client last year. It is currently only available via its Web interface.
The stock showed weekly upbeat performance of 4.74%, which maintained for the month at 12.13%. Similarly, the positive performance for the quarter recorded as 3.64% and for the year was -2.48%, while the YTD performance remained at 8.34%. TWTR has Average True Range for 14 days of 0.40.