CDT Environmental Technology Investment Holdings Limited ( (CDTG) ) has released a notification of late filing.
CDT Environmental Technology Investment Holdings Limited has announced a delay in filing its annual report on Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The company cited the need for additional time to finalize the report as the primary reason for the delay, emphasizing that filing it on time would require unreasonable effort and expense. The company anticipates filing the report within fifteen calendar days following the original due date. There are no expected significant changes in financial results from the previous fiscal year, and the company has assured that all other periodic reports have been filed on time. The notification was signed by Yunwu Li, the Chief Executive Officer and Chairman of the Board of Directors, who reaffirmed the company’s commitment to compliance.
Spark’s Take on CDTG Stock
According to Spark, TipRanks’ AI Analyst, CDTG is a Neutral.
CDTG has a strong financial performance with improving profitability and efficient equity use. However, liquidity challenges and technical indicators showing a downward trend weigh on the stock. The valuation is moderate, but the lack of a dividend yield may deter income-focused investors.
To see Spark’s full report on CDTG stock, click here.
More about CDT Environmental Technology Investment Holdings Limited
YTD Price Performance: -44.44%
Average Trading Volume: 230,175
Technical Sentiment Signal: Buy
For a thorough assessment of CDTG stock, go to TipRanks’ Stock Analysis page.