LeddarTech (NASDAQ:LDTC) Issues Earnings Results

LeddarTech (NASDAQ:LDTCGet Free Report) posted its earnings results on Wednesday. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.03), Zacks reports.

LeddarTech Trading Down 14.0 %

Shares of NASDAQ:LDTC opened at $1.41 on Wednesday. The firm has a fifty day moving average of $0.46 and a 200 day moving average of $0.61. LeddarTech has a 52-week low of $0.22 and a 52-week high of $9.99.

Analysts Set New Price Targets

Separately, Roth Mkm boosted 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 Report on LDTC

About LeddarTech

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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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