LeddarTech (NASDAQ:LDTC – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.17), Zacks reports.
LeddarTech Trading Down 5.9 %
Shares of LDTC opened at $0.87 on Thursday. The stock has a 50 day moving average of $1.14 and a 200 day moving average of $0.64. LeddarTech has a 12 month low of $0.22 and a 12 month high of $4.35. The company has a market capitalization of $24.89 million, a price-to-earnings ratio of -0.06 and a beta of -1.75.
Analyst Ratings Changes
Separately, Roth Mkm raised their price objective on LeddarTech from $1.00 to $3.00 and gave the company a “buy” rating in a research note 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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