Hudson Technologies Inc. (HDSN) Sees Strong Trading Volume
Hudson Technologies Inc. (NASDAQ:HDSN) shares saw an uptick in trading volume on Monday . 135,705 shares were traded during trading, an increase of 15% from the previous session’s volume of 117,840 shares.The stock last traded at $3.80 and had previously closed at $3.51.
HDSN has been the subject of a number of analyst reports. B. Riley reiterated a “buy” rating and issued a $5.75 price target on shares of Hudson Technologies in a research report on Tuesday, May 3rd. Roth Capital reiterated a “buy” rating on shares of Hudson Technologies in a research report on Sunday. Zacks Investment Research downgraded shares of Hudson Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Finally, TheStreet upgraded shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st.
The stock has a market capitalization of $124.95 million and a price-to-earnings ratio of 22.29. The company’s 50-day moving average is $3.42 and its 200 day moving average is $3.30.
Hudson Technologies (NASDAQ:HDSN) last issued its earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.06. The business had revenue of $28.20 million for the quarter, compared to the consensus estimate of $24.59 million. Analysts anticipate that Hudson Technologies Inc. will post $0.24 EPS for the current year.
Hudson Technologies, Inc is a refrigerant services company. The Company provides solutions to recurring problems within the refrigeration industry. Its products and services include refrigerant and industrial gas sales; refrigerant management services, which consist of reclamation of refrigerants, and RefrigerantSide services, which consist of system decontamination.
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