LeddarTech (NASDAQ:LDTC – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03), Zacks reports.
LeddarTech Trading Down 10.7 %
LDTC traded down $0.15 on Wednesday, hitting $1.26. 2,067,053 shares of the stock were exchanged, compared to its average volume of 1,867,882. LeddarTech has a 12 month low of $0.22 and a 12 month high of $9.99. The business has a 50-day moving average of $0.46 and a two-hundred day moving average of $0.61.
Analysts Set New Price Targets
Separately, Roth Mkm lifted their price target on LeddarTech from $1.00 to $3.00 and gave the stock a “buy” rating in a report 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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