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Cleantech Solutions International (CLNT) Is Up Sharply On Q4 Results

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Cleantech Solutions International (CLNT: Quote) reported fourth quarter adjusted net income of $0.98 per share after the close Thursday. Revenue for the quarter increased 28.3% to $17.6 million, compared to $13.7 million for the same period last year.

Cleantech gapped open sharply higher Friday and is now up 1.18 at $4.31 on strong volume. The stock has surged to a 2 1/2 month high and has re-crossed both its 50 and 200-day moving averages.

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by RTT Staff Writer

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