CDT Environmental Technology Investment (NASDAQ:CDTG) Trading 12.5% Higher – Still a Buy?

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG)’s share price rose 12.5% during mid-day trading on Thursday . The stock traded as high as $0.69 and last traded at $0.66. Approximately 269,304 shares were traded during trading, an increase of 57% from the average daily volume of 171,631 shares. The stock had previously closed at $0.59.

CDT Environmental Technology Investment Stock Performance

The firm has a 50-day moving average price of $1.54 and a 200-day moving average price of $2.10.

Institutional Investors Weigh In On CDT Environmental Technology Investment

Several large investors have recently made changes to their positions in the business. Renaissance Technologies LLC bought a new position in shares of CDT Environmental Technology Investment during the 4th quarter worth $266,000. Citadel Advisors LLC bought a new position in shares of CDT Environmental Technology Investment during the 4th quarter worth $240,000. Finally, XTX Topco Ltd grew its stake in shares of CDT Environmental Technology Investment by 234.6% during the 1st quarter. XTX Topco Ltd now owns 34,438 shares of the company’s stock worth $67,000 after acquiring an additional 24,147 shares during the period.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Holdings Limited designs, develops, manufactures, sells, installs, operates, and maintains sewage treatment systems in China. The company sells complete sewage treatment systems; constructs rural sewage treatment plants; installs systems; and provides on-going operation and maintenance services for systems and plants in China for municipalities and enterprise clients.