Hudson Technologies Inc. (HDSN) Shares Up 3.5%
Hudson Technologies Inc. (NASDAQ:HDSN) shares shot up 3.5% during trading on Thursday . The company traded as high as $3.57 and last traded at $3.56, with a volume of 223,297 shares trading hands. The stock had previously closed at $3.44.
A number of research firms have commented on HDSN. B. Riley reaffirmed a “buy” rating and set a $5.75 target price on shares of Hudson Technologies in a report on Sunday, May 8th. Zacks Investment Research downgraded Hudson Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, May 4th. Finally, TheStreet raised Hudson Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, May 31st.
The company has a 50-day moving average price of $3.41 and a 200-day moving average price of $3.28. The stock has a market cap of $114.07 million and a P/E ratio of 20.35.
Hudson Technologies (NASDAQ:HDSN) last posted its earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.06. The company had revenue of $28.20 million for the quarter, compared to the consensus estimate of $24.59 million. On average, analysts expect that Hudson Technologies Inc. will post $0.24 earnings per share 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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