Hudson Technologies Inc. (HDSN) Trading Up 4.7%
Hudson Technologies Inc. (NASDAQ:HDSN) was up 4.7% during mid-day trading on Tuesday . The stock traded as high as $5.09 and last traded at $5.09, with a volume of 423,939 shares traded. The stock had previously closed at $4.86.
Several equities research analysts have recently issued reports on HDSN shares. Zacks Investment Research raised shares of Hudson Technologies from a “hold” rating to a “buy” rating and set a $4.00 price objective for the company in a research report on Tuesday, May 10th. TheStreet raised shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st. B. Riley reissued a “buy” rating and set a $7.00 price objective on shares of Hudson Technologies in a research report on Tuesday, July 19th. Finally, Roth Capital reissued a “buy” rating and set a $6.50 price objective on shares of Hudson Technologies in a research report on Sunday, July 17th.
The firm has a market capitalization of $172.09 million and a price-to-earnings ratio of 30.71. The firm’s 50-day moving average price is $3.86 and its 200-day moving average price is $3.45.
Hudson Technologies (NASDAQ:HDSN) last issued its quarterly earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.06. The firm earned $28.20 million during the quarter, compared to analyst estimates of $24.59 million. On average, 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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