Hudson Technologies, Inc. (NASDAQ:HDSN) has been assigned a $11.00 price objective by equities research analysts at Roth Capital in a note issued to investors on Thursday. The firm currently has a “buy” rating on the industrial products company’s stock. Roth Capital’s price objective points to a potential upside of 38.19% from the company’s current price.

Several other research firms also recently weighed in on HDSN. ValuEngine raised shares of Hudson Technologies from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub downgraded shares of Hudson Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. TheStreet raised shares of Hudson Technologies from a “c+” rating to a “b” rating in a report on Wednesday, May 31st. Zacks Investment Research downgraded shares of Hudson Technologies from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Finally, B. Riley reaffirmed a “buy” rating and issued a $8.50 price objective on shares of Hudson Technologies in a report on Wednesday. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Hudson Technologies has an average rating of “Hold” and a consensus target price of $9.00.

Shares of Hudson Technologies (NASDAQ:HDSN) traded up 14.82% during trading on Thursday, hitting $9.14. 6,416,330 shares of the stock were exchanged. The stock has a market cap of $379.67 million, a P/E ratio of 26.11 and a beta of 1.12. Hudson Technologies has a 12-month low of $5.00 and a 12-month high of $10.40. The stock has a 50-day moving average of $8.50 and a 200 day moving average of $7.65.

Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings data on Wednesday, August 9th. The industrial products company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The business had revenue of $52.23 million during the quarter, compared to the consensus estimate of $46.34 million. Hudson Technologies had a net margin of 11.56% and a return on equity of 15.21%. Equities analysts predict that Hudson Technologies will post $0.41 earnings per share for the current fiscal year.

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A number of large investors have recently modified their holdings of HDSN. Dimensional Fund Advisors LP boosted its stake in shares of Hudson Technologies by 33.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,442,918 shares of the industrial products company’s stock valued at $9,523,000 after buying an additional 363,346 shares during the period. Systematic Financial Management LP boosted its stake in shares of Hudson Technologies by 42.2% in the second quarter. Systematic Financial Management LP now owns 1,270,735 shares of the industrial products company’s stock valued at $10,738,000 after buying an additional 376,940 shares during the period. Vanguard Group Inc. boosted its stake in shares of Hudson Technologies by 12.5% in the first quarter. Vanguard Group Inc. now owns 1,257,194 shares of the industrial products company’s stock valued at $8,297,000 after buying an additional 139,235 shares during the period. VNBTrust National Association boosted its stake in shares of Hudson Technologies by 12.3% in the second quarter. VNBTrust National Association now owns 1,155,250 shares of the industrial products company’s stock valued at $9,762,000 after buying an additional 126,379 shares during the period. Finally, ACK Asset Management LLC boosted its stake in shares of Hudson Technologies by 11.2% in the first quarter. ACK Asset Management LLC now owns 795,000 shares of the industrial products company’s stock valued at $5,645,000 after buying an additional 80,000 shares during the period. Hedge funds and other institutional investors own 76.23% of the company’s stock.

About Hudson Technologies

Hudson Technologies, Inc is a refrigerant services company. The Company’s products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide Services performed at a customer’s site, consisting of system decontamination to remove moisture, oils and other contaminants.

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