Hudson Technologies Inc. (HDSN) Stock Price Up 1.8%
Shares of Hudson Technologies Inc. (NASDAQ:HDSN) rose 1.8% on Wednesday . The stock traded as high as $6.48 and last traded at $6.28, with a volume of 1,089,052 shares trading hands. The stock had previously closed at $6.17.
HDSN has been the topic of several analyst reports. B. Riley reaffirmed a “buy” rating and issued a $5.75 target price on shares of Hudson Technologies in a report on Tuesday, May 3rd. Zacks Investment Research cut shares of Hudson Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, May 4th. TheStreet raised shares of Hudson Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, May 31st. Finally, Roth Capital reissued a “buy” rating and set a $6.50 price objective on shares of Hudson Technologies in a report on Sunday, July 17th.
The firm has a 50 day moving average price of $4.66 and a 200-day moving average price of $3.70. The company has a market cap of $211.59 million and a P/E ratio of 27.370.
Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.14 earnings per share for the quarter, topping the Thomson Reuters’ 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 analysts expect that Hudson Technologies Inc. will post $0.29 EPS for the current year.
In other news, VP Stephen P. Mandracchia sold 271,742 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $4.90, for a total value of $1,331,535.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Otto C. Morch sold 7,000 shares of the firm’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $4.96, for a total value of $34,720.00. 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.
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