Hudson Technologies Inc. (HDSN) Sets New 1-Year High at $6.00
Hudson Technologies Inc. (NASDAQ:HDSN)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $6.00 and last traded at $6.00, with a volume of 1,538,799 shares changing hands. The stock had previously closed at $5.49.
HDSN has been the topic of several recent analyst reports. Zacks Investment Research upgraded Hudson Technologies from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a research note on Tuesday, May 10th. TheStreet upgraded Hudson Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, May 31st. B. Riley reiterated a “buy” rating and issued a $7.00 price target on shares of Hudson Technologies in a research note on Monday, August 1st. Finally, Roth Capital reiterated a “buy” rating and issued a $6.50 price target on shares of Hudson Technologies in a research note on Sunday, July 17th.
The stock’s 50-day moving average is $4.62 and its 200 day moving average is $3.68. The firm has a market cap of $207.05 million and a P/E ratio of 26.7830.
Hudson Technologies (NASDAQ:HDSN) last released its earnings results on Tuesday, August 2nd. The company reported $0.14 earnings per share (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 the consensus estimate of $34.24 million. Equities research analysts expect that Hudson Technologies Inc. will post $0.29 earnings per share for the current year.
In other Hudson Technologies news, Chairman Kevin J. Zugibe sold 600,000 shares of the stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $4.85, for a total transaction of $2,910,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard Parrillo sold 21,200 shares of the stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $4.93, for a total value of $104,516.00. 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.