Aduro Clean Technologies Inc. (NASDAQ:ADUR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Aduro Clean Technologies Inc. (NASDAQ:ADUR) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $29.00.

ADUR has been the topic of several analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Aduro Clean Technologies in a report on Monday, April 20th. D. Boral Capital reissued a “buy” rating and set a $46.00 target price on shares of Aduro Clean Technologies in a research report on Friday, April 10th. LADENBURG THALM/SH SH upgraded Aduro Clean Technologies to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised Aduro Clean Technologies from a “strong sell” rating to a “sell” rating in a report on Sunday, May 31st.

Aduro Clean Technologies Price Performance

Shares of ADUR stock opened at $15.68 on Friday. The firm has a 50-day moving average of $14.54 and a 200-day moving average of $12.65. The company has a market cap of $553.35 million, a P/E ratio of -35.64 and a beta of 3.20. Aduro Clean Technologies has a one year low of $8.68 and a one year high of $18.19.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE bought a new position in Aduro Clean Technologies in the 1st quarter valued at $123,000. Longview Financial Advisors Inc. bought a new stake in shares of Aduro Clean Technologies during the 1st quarter worth $28,000. DGS Capital Management LLC raised its stake in shares of Aduro Clean Technologies by 67.4% during the 4th quarter. DGS Capital Management LLC now owns 37,966 shares of the company’s stock worth $393,000 after purchasing an additional 15,285 shares during the period. Virtu Financial LLC purchased a new position in shares of Aduro Clean Technologies in the 4th quarter worth about $112,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Aduro Clean Technologies by 5.1% in the 4th quarter. NewEdge Advisors LLC now owns 33,344 shares of the company’s stock worth $345,000 after buying an additional 1,604 shares during the last quarter.

About Aduro Clean Technologies

Aduro Clean Technologies, Inc is a development‐stage clean energy company that designs, develops and seeks to commercialize modular process systems for the production and purification of hydrogen. Listed on the Nasdaq under the ticker ADUR, the company focuses on low‐emission solutions to support the emerging hydrogen economy, including renewable fuel applications, energy storage and industrial gas supply. Aduro Clean Technologies aims to address the growing demand for high‐purity hydrogen across mobility, power generation and chemical processing sectors.

The company’s core technologies include its H2-Conductor platform, a membrane‐based system engineered to separate and purify hydrogen from mixed gas streams, and its H2-Integrate suite of modular reactors capable of producing hydrogen from various feedstocks.