Hudson Technologies Inc. (HDSN) Shares Up 2.4%
Hudson Technologies Inc. (NASDAQ:HDSN) shares shot up 2.4% on Monday . The stock traded as high as $5.28 and last traded at $5.15, with a volume of 764,128 shares traded. The stock had previously closed at $5.03.
Several research firms have weighed in on HDSN. Zacks Investment Research cut Hudson Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, July 5th. B. Riley reissued a “buy” rating and issued a $7.00 price objective on shares of Hudson Technologies in a research report on Monday. Finally, TheStreet raised Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st.
The stock has a market cap of $169.46 million and a PE ratio of 30.24. The stock’s 50 day moving average is $3.60 and its 200 day moving average is $3.35.
Hudson Technologies (NASDAQ:HDSN) last announced its earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.06. The business had revenue of $28.20 million for the quarter, compared to analysts’ expectations of $24.59 million. Equities research analysts predict 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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