Cleantech Solutions Int. (CLNT) Releases Quarterly Earnings Results
Cleantech Solutions Int. (NASDAQ:CLNT) issued its quarterly earnings data on Thursday. The company reported $0.61 earnings per share for the quarter, AmericanBankingNews.com reports. The company had revenue of $17.53 million for the quarter, compared to the consensus estimate of $17.21 million.
On the ratings front, analysts at TheStreet upgraded shares of Cleantech Solutions Int. from a “hold” rating to a “buy” rating in a research note on Friday, June 27th.
Shares of Cleantech Solutions Int. (NASDAQ:CLNT) opened at 5.50 on Thursday. Cleantech Solutions Int. has a 52 week low of $4.37 and a 52 week high of $7.79. The stock’s 50-day moving average is $5.43 and its 200-day moving average is $5.53. The company has a market cap of $19.6 million and a price-to-earnings ratio of 2.09.
Cleantech Solutions International, Inc manufactures and sells forged products and fabricated products to a range of clean technology customers, including forged rolled rings and related products for the wind power industry and other industries and equipment to the solar industry.
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