Hudson Technologies Inc. (HDSN) Trading Up 4.4%
Hudson Technologies Inc. (NASDAQ:HDSN) was up 4.4% during trading on Tuesday . The company traded as high as $5.05 and last traded at $4.97, with a volume of 1,558,474 shares. The stock had previously closed at $4.76.
HDSN has been the topic of a number of recent research reports. B. Riley reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Hudson Technologies in a research note on Monday, July 25th. Zacks Investment Research raised shares of Hudson Technologies from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research note on Tuesday, May 10th. TheStreet raised shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, May 31st. Finally, Roth Capital reaffirmed a “buy” rating and issued a $6.50 price objective on shares of Hudson Technologies in a research note on Sunday, July 17th.
The firm’s 50-day moving average price is $4.20 and its 200-day moving average price is $3.55. The stock has a market cap of $168.73 million and a P/E ratio of 21.83.
Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.03. The firm had revenue of $34.60 million for the quarter, compared to the consensus estimate of $34.24 million. On average, equities research analysts predict that Hudson Technologies Inc. will post $0.29 EPS for the current fiscal year.
In related news, insider Brian F. Coleman sold 178,514 shares of the company’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $4.94, for a total transaction of $881,859.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Stephen P. Mandracchia sold 271,742 shares of the company’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $4.90, for a total transaction of $1,331,535.80. The disclosure for this sale can be found here.
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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