Hudson Technologies Inc. (HDSN) Sets New 52-Week High at $5.63
Hudson Technologies Inc. (NASDAQ:HDSN)’s share price reached a new 52-week high on Tuesday . The company traded as high as $5.63 and last traded at $5.32, with a volume of 703,891 shares trading hands. The stock had previously closed at $5.37.
A number of equities analysts have weighed in on the company. B. Riley reiterated a “buy” rating and set a $7.50 price objective on shares of Hudson Technologies in a research note on Saturday, August 6th. Zacks Investment Research upgraded 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 restated a “buy” rating and issued a $6.50 price target on shares of Hudson Technologies in a research note on Sunday, July 17th. Finally, TheStreet upgraded Hudson Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, May 31st.
The firm has a market capitalization of $177.14 million and a PE ratio of 22.91. The firm’s 50-day moving average is $4.45 and its 200 day moving average is $3.63.
Hudson Technologies (NASDAQ:HDSN) last posted its earnings results on Tuesday, August 2nd. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03. The business earned $34.60 million during the quarter, compared to analysts’ expectations of $34.24 million. Equities research analysts forecast that Hudson Technologies Inc. will post $0.29 earnings per share for the current year.
In other Hudson Technologies news, insider Brian F. Coleman sold 21,386 shares of the company’s stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $5.05, for a total value of $107,999.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Kevin J. Zugibe sold 600,000 shares of the company’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $4.85, for a total transaction of $2,910,000.00. 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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