Hudson Technologies Inc. (HDSN) Hits New 52-Week High at $6.00
Shares of Hudson Technologies Inc. (NASDAQ:HDSN) reached a new 52-week high on Tuesday . The company traded as high as $6.00 and last traded at $6.00, with a volume of 1,538,799 shares trading hands. The stock had previously closed at $5.49.
HDSN has been the topic of a number of recent analyst reports. B. Riley restated a “buy” rating and issued a $7.00 price target on shares of Hudson Technologies in a research report on Monday, August 1st. Roth Capital restated a “buy” rating and issued a $6.50 price target on shares of Hudson Technologies in a research report on Sunday, July 17th. Zacks Investment Research lowered shares of Hudson Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Finally, TheStreet upgraded shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, May 31st.
The stock has a market cap of $213.44 million and a PE ratio of 27.61. The company’s 50-day moving average price is $4.74 and its 200-day moving average price is $3.72.
Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The firm earned $34.60 million during the quarter, compared to analysts’ expectations of $34.24 million. Equities research analysts predict that Hudson Technologies Inc. will post $0.29 EPS for the current year.
In related news, Director Otto C. Morch sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $4.96, for a total value of $34,720.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Stephen P. Mandracchia sold 271,742 shares of the company’s stock in a transaction that occurred on Tuesday, August 9th. The stock was sold at an average price of $4.90, for a total transaction of $1,331,535.80. 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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