Hudson Technologies Inc. (HDSN) Shares Down 5.1%
Hudson Technologies Inc. (NASDAQ:HDSN)’s share price dropped 5.1% on Tuesday . The stock traded as low as $4.83 and last traded at $4.88, with a volume of 294,521 shares changing hands. The stock had previously closed at $5.14.
HDSN has been the subject of several research reports. Zacks Investment Research upgraded shares of Hudson Technologies from a “hold” rating to a “strong-buy” rating and set a $5.75 price objective for the company in a research report on Wednesday, July 20th. TheStreet upgraded shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st. Finally, B. Riley initiated coverage on shares of Hudson Technologies in a research report on Monday, April 11th. They set a “buy” rating and a $5.75 price objective for the company.
The stock has a market capitalization of $161.21 million and a P/E ratio of 28.76. The company has a 50-day moving average of $3.64 and a 200 day moving average of $3.38.
Hudson Technologies (NASDAQ:HDSN) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $28.20 million for the quarter, compared to the consensus estimate of $24.59 million. On average, equities 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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