Hudson Technologies Inc. (HDSN) Trading Down 1.4%
Hudson Technologies Inc. (NASDAQ:HDSN) fell 1.4% on Wednesday . The stock traded as low as $4.91 and last traded at $4.98, with a volume of 1,093,733 shares traded. The stock had previously closed at $5.05.
Several research firms recently weighed in on HDSN. Zacks Investment Research upgraded Hudson Technologies from a “hold” rating to a “strong-buy” rating and set a $5.75 target price for the company in a research note on Wednesday. B. Riley restated a “buy” rating and set a $7.00 target price on shares of Hudson Technologies in a research note on Tuesday. Roth Capital reiterated a “buy” rating and issued a $6.50 price objective on shares of Hudson Technologies in a research note on Sunday. Finally, TheStreet upgraded Hudson Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, May 31st.
The firm’s 50 day moving average price is $3.51 and its 200 day moving average price is $3.33. The stock has a market capitalization of $162.53 million and a P/E ratio of 29.00.
Hudson Technologies (NASDAQ:HDSN) last announced its earnings results on Wednesday, May 4th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $28.20 million for the quarter, compared to the consensus estimate of $24.59 million. On average, equities analysts expect that Hudson Technologies Inc. will post $0.24 EPS 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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