Hudson Technologies, Inc. (NASDAQ:HDSN - Get Free Report) has earned a consensus rating of "Hold" from the five research firms that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation. The average 12-month price objective among brokerages that have covered the stock in the last year is $6.88.
Separately, Canaccord Genuity Group reduced their price objective on shares of Hudson Technologies from $8.00 to $6.25 and set a "hold" rating on the stock in a research report on Monday, March 10th.
Get Our Latest Stock Report on Hudson Technologies
Hedge Funds Weigh In On Hudson Technologies
Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its stake in Hudson Technologies by 111.8% in the first quarter. GAMMA Investing LLC now owns 4,970 shares of the industrial products company's stock worth $31,000 after purchasing an additional 2,624 shares in the last quarter. Quarry LP lifted its stake in Hudson Technologies by 89.1% in the fourth quarter. Quarry LP now owns 8,840 shares of the industrial products company's stock worth $49,000 after acquiring an additional 4,165 shares during the period. State of Wyoming bought a new position in Hudson Technologies during the 4th quarter worth about $53,000. RPO LLC purchased a new position in Hudson Technologies during the 4th quarter valued at about $62,000. Finally, ProShare Advisors LLC purchased a new position in Hudson Technologies during the 4th quarter valued at about $70,000. 71.34% of the stock is owned by hedge funds and other institutional investors.
Hudson Technologies Stock Performance
HDSN stock traded up $0.13 during mid-day trading on Tuesday, reaching $6.71. 330,236 shares of the stock traded hands, compared to its average volume of 491,629. The business has a 50-day moving average price of $5.87 and a two-hundred day moving average price of $6.00. The stock has a market capitalization of $295.08 million, a PE ratio of 10.32, a PEG ratio of 0.49 and a beta of 1.03. Hudson Technologies has a one year low of $5.11 and a one year high of $10.04.
About Hudson Technologies
(
Get Free ReportHudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.
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