Hudson Technologies Inc. (HDSN) Trading 4.4% Higher
Hudson Technologies Inc. (NASDAQ:HDSN) shares were up 4.4% during mid-day trading on Tuesday . The company traded as high as $5.05 and last traded at $4.97, with a volume of 1,558,474 shares traded. The stock had previously closed at $4.76.
A number of research analysts recently issued reports on HDSN shares. 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. B. Riley reiterated a “buy” rating and set a $7.00 price objective on shares of Hudson Technologies in a report on Tuesday, July 19th. Finally, Roth Capital reiterated a “buy” rating and set a $6.50 price objective on shares of Hudson Technologies in a report on Sunday, July 17th.
The firm’s 50-day moving average price is $4.10 and its 200-day moving average price is $3.52. The company has a market capitalization of $161.02 million and a PE ratio of 21.09.
Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The business earned $34.60 million during the quarter, compared to analyst estimates of $34.24 million. Analysts predict that Hudson Technologies Inc. will post $0.29 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.
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.