Hudson Technologies, Inc. (NASDAQ:HDSN)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $1.55 and last traded at $1.55, with a volume of 49021 shares trading hands. The stock had previously closed at $1.71.

Several equities analysts have recently issued reports on HDSN shares. William Blair downgraded Hudson Technologies from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 19th. ValuEngine upgraded Hudson Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $6.50.

The company has a quick ratio of 0.41, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $64.88 million, a PE ratio of 3.28 and a beta of 1.16.

Hudson Technologies (NASDAQ:HDSN) last issued its quarterly earnings data on Wednesday, August 8th. The industrial products company reported ($0.67) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.72). The business had revenue of $58.08 million for the quarter, compared to analyst estimates of $66.03 million. Hudson Technologies had a negative return on equity of 0.96% and a negative net margin of 23.19%. research analysts expect that Hudson Technologies, Inc. will post -0.05 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of HDSN. Jane Street Group LLC bought a new stake in Hudson Technologies during the second quarter worth approximately $200,000. Granahan Investment Management Inc. MA raised its holdings in Hudson Technologies by 183.3% during the second quarter. Granahan Investment Management Inc. MA now owns 1,035,117 shares of the industrial products company’s stock worth $2,081,000 after purchasing an additional 669,745 shares in the last quarter. Paloma Partners Management Co bought a new stake in Hudson Technologies during the second quarter worth approximately $363,000. Dimensional Fund Advisors LP raised its holdings in Hudson Technologies by 12.3% during the second quarter. Dimensional Fund Advisors LP now owns 2,688,285 shares of the industrial products company’s stock worth $5,403,000 after purchasing an additional 294,053 shares in the last quarter. Finally, Marathon Capital Management raised its holdings in Hudson Technologies by 6.3% during the second quarter. Marathon Capital Management now owns 828,075 shares of the industrial products company’s stock worth $1,664,000 after purchasing an additional 49,250 shares in the last quarter. Institutional investors and hedge funds own 77.07% of the company’s stock.

About Hudson Technologies (NASDAQ:HDSN)

Hudson Technologies Inc operates as a refrigerant services company in the United States and internationally. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing.

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