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Today’s Research Reports on Stocks to Watch: Clean Diesel Technologies and Datawatch

NEW YORK, NY / ACCESSWIRE / April 24, 2017 / U.S. markets dipped Friday, but still closed the week in the green, as investors remained cautious ahead of the French presidential election. The Dow Jones Industrial Average declined 0.15 percent on Friday to close at 20,547.76, up 0.48 percent for the week, while the S&P 500 fell 0.30 percent to close at 2,348.69, but up 0.86 percent for the week.

Data from Thomson Reuters shows that out of the 95 S&P 500 companies who have reported earnings through Friday afternoon, approximately 75 percent have surpassed expectations, topping the average of 71 percent over the past 4 quarters. The profit of S&P 500 companies is estimated to increase by 11.2 percent in the quarter, according to Reuters.

RDI Initiates
Coverage on:

Clean Diesel Technologies, Inc.
https://ub.rdinvesting.com/news/?ticker=CDTI

Datawatch Corp.
https://ub.rdinvesting.com/news/?ticker=DWCH

Clean Diesel Technologies’ shares spiked 10.88 percent to close at $3.16 a share on Friday. The stock traded between $2.79 and $3.35 on volume of 1.58 million shares traded. The company reported revenues of $8.6 million for the fourth quarter of 2016, compared to $9.7 million in the fourth quarter of 2015. Net loss was $7.6 million, or $0.69 per share, compared to a net loss of $0.9 million, or $0.26 per share, a year ago. The company has reported total revenue of $36.8 million for the year 2016, and management expects revenues for the full year 2017 to be between $32.0 million and $35.0 million. The company is targeting a “breakeven on an income from continuing operations basis in the second half of 2017,” according to CFO, Tracy Kern. Shares of Clean Diesel Technologies have gained approximately 47 percent year-to-date.

“As we enter 2017, we have strong momentum with well-positioned and highly motivated manufacturing partners that are poised to grow market share by deploying our low-cost catalyst technologies,” commented Matthew Beale, CEO of Clean Diesel Technologies.

Access RDI’s Clean Diesel Technologies Research Report
at:
https://ub.rdinvesting.com/news/?ticker=CDTI

Datawatch’s shares jumped 10.12 percent to close at $9.25 a share on Friday. The stock traded between $8.60 and $9.35 on volume of 583,037 shares traded. The company reported total revenues were $8.76 million for the second quarter of fiscal 2017, an increase of 18 percent when compared to revenues of $7.42 million in the second quarter of fiscal 2016. Net loss was ($0.45) million, or ($0.04) per diluted share, for the second quarter of fiscal 2017, compared to a net loss of ($3.36) million, or ($0.29) per diluted share, a year ago. On April 21st, analyst at National Securities has upgraded the stock to “Buy” from “Neutral”. Shares of Datawatch have gained approximately 68.18 percent year-to-date.

Access RDI’s Datawatch Research Report at:
https://ub.rdinvesting.com/news/?ticker=DWCH

Our Actionable Research on Clean Diesel Technologies, Inc. (NASDAQ: CDTI) and Datawatch Corporation (NASDAQ: DWCH) can be downloaded free of charge at Research Driven Investing.

Research Driven
Investing

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Hemal K. Gandhi, CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com

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