The analysts wrote, “Cleantech Solutions International (CLNT) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.”
Shares of Cleantech Solutions Int. (NASDAQ:CLNT) opened at 5.458 on Friday. Cleantech Solutions Int. has a 52-week low of $4.37 and a 52-week high of $7.79. The stock has a 50-day moving average of $5.43 and a 200-day moving average of $5.53. The company has a market cap of $19.5 million and a price-to-earnings ratio of 2.06.
In other Cleantech Solutions Int. news, CFO Adam C. Wasserman sold 9,000 shares of the company’s stock on the open market in a transaction dated Monday, June 23rd. The stock was sold at an average price of $5.76, for a total value of $51,840.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
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.
Stay on top of analysts' coverage of Cleantech Solutions Int with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.