LeddarTech (NASDAQ:LDTC) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS

LeddarTech (NASDAQ:LDTCGet Free Report) issued its quarterly earnings results on Wednesday. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03), Zacks reports.

LeddarTech Price Performance

LDTC traded down $0.15 during trading on Wednesday, reaching $1.26. 2,067,053 shares of the stock were exchanged, compared to its average volume of 1,867,882. The stock’s 50 day moving average price is $0.46 and its two-hundred day moving average price is $0.61. LeddarTech has a twelve month low of $0.22 and a twelve month high of $9.99.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on LDTC

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.

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