Hudson Technologies Inc. (HDSN) Shares Up 2.4%
Hudson Technologies Inc. (NASDAQ:HDSN) shot up 2.4% during mid-day trading on Monday . The stock traded as high as $5.28 and last traded at $5.15, with a volume of 764,128 shares trading hands. The stock had previously closed at $5.03.
Several research firms recently issued reports on HDSN. B. Riley reissued a “buy” rating and set a $7.00 price objective on shares of Hudson Technologies in a research note on Monday. Zacks Investment Research raised Hudson Technologies from a “hold” rating to a “strong-buy” rating and set a $5.75 price objective for the company in a research note on Wednesday, July 20th. Roth Capital reissued a “buy” rating and set a $6.50 price objective on shares of Hudson Technologies in a research note on Sunday, July 17th. Finally, TheStreet raised Hudson Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, May 31st.
The stock has a 50 day moving average of $3.68 and a 200 day moving average of $3.39. The stock has a market capitalization of $159.89 million and a PE ratio of 28.53.
Hudson Technologies (NASDAQ:HDSN) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $28.20 million for the quarter, compared to the consensus estimate of $24.59 million. On average, equities research analysts forecast 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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