Hudson Technologies Inc. (HDSN) Trading 5.1% Higher
Hudson Technologies Inc. (NASDAQ:HDSN) traded up 5.1% during trading on Monday . The stock traded as high as $5.37 and last traded at $5.37, with a volume of 855,236 shares traded. The stock had previously closed at $5.11.
Several equities research analysts have commented on the stock. B. Riley restated a “buy” rating and set a $7.50 target price on shares of Hudson Technologies in a research report on Saturday, August 6th. Zacks Investment Research upgraded shares of Hudson Technologies from a “hold” rating to a “strong-buy” rating and set a $5.75 target price on the stock in a research report on Wednesday, July 20th. Roth Capital restated a “buy” rating and set a $6.50 target price on shares of Hudson Technologies in a research report on Sunday, July 17th. Finally, TheStreet upgraded shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st.
The company has a 50 day moving average of $4.34 and a 200-day moving average of $3.60. The firm has a market cap of $184.22 million and a price-to-earnings ratio of 23.8300.
Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.03. The firm had revenue of $34.60 million for the quarter, compared to analyst estimates of $34.24 million. Equities research analysts anticipate that Hudson Technologies Inc. will post $0.29 earnings per share for the current fiscal year.
In other Hudson Technologies news, insider Brian F. Coleman sold 178,514 shares of the stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $4.94, for a total value of $881,859.16. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Stephen P. Mandracchia sold 271,742 shares of the stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $4.90, for a total value 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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