LeddarTech (NASDAQ:LDTC) Releases Quarterly Earnings Results, Misses Expectations By $0.17 EPS

LeddarTech (NASDAQ:LDTCGet Free Report) posted its earnings results on Wednesday. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.17), Zacks reports.

LeddarTech Price Performance

LDTC stock traded down $0.04 on Wednesday, hitting $0.89. 87,873 shares of the company were exchanged, compared to its average volume of 1,239,665. LeddarTech has a twelve month low of $0.22 and a twelve month high of $4.35. The business’s fifty day moving average is $1.12 and its two-hundred day moving average is $0.64. The stock has a market capitalization of $25.46 million, a price-to-earnings ratio of -0.06 and a beta of -1.75.

Analysts Set New Price Targets

Separately, Roth Mkm raised their price objective on LeddarTech from $1.00 to $3.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th.

Read Our Latest Research Report on LeddarTech

About LeddarTech

(Get Free Report)

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.

Featured Articles

Earnings History for LeddarTech (NASDAQ:LDTC)

Receive News & Ratings for LeddarTech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LeddarTech and related companies with MarketBeat.com's FREE daily email newsletter.