Hudson Technologies Inc. (HDSN) Trading Down 3.6%
Hudson Technologies Inc. (NASDAQ:HDSN)’s share price was down 3.6% during mid-day trading on Thursday . The company traded as low as $6.10 and last traded at $6.12, with a volume of 335,913 shares. The stock had previously closed at $6.35.
A number of equities analysts have recently issued reports on HDSN shares. B. Riley reiterated a “buy” rating and issued a $5.75 price objective on shares of Hudson Technologies in a report on Tuesday, May 3rd. Zacks Investment Research upgraded Hudson Technologies from a “hold” rating to a “buy” rating and set a $4.00 price objective for the company in a report on Tuesday, May 10th. TheStreet upgraded Hudson Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, May 31st. Finally, Roth Capital reiterated a “buy” rating and issued a $6.50 price objective on shares of Hudson Technologies in a report on Sunday, July 17th.
The firm’s 50 day moving average is $4.74 and its 200 day moving average is $3.72. The company has a market capitalization of $206.71 million and a P/E ratio of 26.74.
Hudson Technologies (NASDAQ:HDSN) last released its earnings results on Tuesday, August 2nd. The company reported $0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.03. The company had revenue of $34.60 million for the quarter, compared to analysts’ expectations of $34.24 million. On average, equities analysts predict 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 21,386 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $5.05, for a total transaction of $107,999.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Kevin J. Zugibe sold 600,000 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $4.85, for a total value 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.