Hudson Technologies - HDSN Stock Forecast, Price & News

Hudson Technologies, Inc. a refrigerant services company, provides solutions to recurring problems within the refrigeration industry primarily in the United States. The company's products and services include refrigerant and industrial gas sales; refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination to remove moisture, oils, and other contaminants. It also offers SmartEnergy OPS service, a web-based real time continuous monitoring service for facility's refrigeration systems and other energy systems applications; and Chiller Chemistry and Chill Smart services. In addition, the company participates in the generation of carbon offset projects. It serves commercial, industrial, and governmental customers, as well as refrigerant wholesalers, distributors, contractors, and refrigeration equipment manufacturers. Hudson Technologies, Inc. was incorporated in 1991 and is headquartered in Woodcliff Lake, New Jersey.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HDSN. StockNews.com downgraded Hudson Technologies from a "buy" rating to a "hold" rating in a report on Thursday, July 21st. EF Hutton Acquisition Corp I lifted their price objective on Hudson Technologies from $11.00 to $12.00 and gave the company a "buy" rating in a report on Thursday, August 4th.

Hudson Technologies Stock Up 5.7 %

Shares of HDSN Stock traded up $0.56 on Friday, hitting $10.31. The stock had a trading volume of 614,352 shares, compared to its average volume of 673,000. The company has a market cap of $464.16 million, a PE ratio of 5.31, a P/E/G ratio of 0.22 and a beta of 1.32. The company has a quick ratio of 1.09, a current ratio of 3.35 and a debt-to-equity ratio of 0.57. The business has a 50 day moving average price of $8.67 and a 200 day moving average price of $7.11. Hudson Technologies has a one year low of $2.70 and a one year high of $10.76.

Hudson Technologies (NASDAQ:HDSN - Get Rating) last announced its earnings results on Wednesday, August 3rd. The industrial products company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. The business had revenue of $103.94 million during the quarter, compared to the consensus estimate of $94.00 million. Hudson Technologies had a net margin of 31.89% and a return on equity of 84.09%. Research analysts anticipate that Hudson Technologies will post 1.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Hudson Technologies news, Director Stephen P. Mandracchia sold 27,892 shares of the business's stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $9.70, for a total value of $270,552.40. Following the completion of the transaction, the director now directly owns 93,000 shares in the company, valued at $902,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Vincent P. Abbatecola sold 20,000 shares of the business's stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $9.79, for a total transaction of $195,800.00. Following the sale, the director now owns 145,578 shares in the company, valued at $1,425,208.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen P. Mandracchia sold 27,892 shares of the business's stock in a transaction dated Tuesday, May 31st. The stock was sold at an average price of $9.70, for a total value of $270,552.40. Following the sale, the director now owns 93,000 shares in the company, valued at approximately $902,100. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 90,000 shares of company stock worth $876,463. 14.30% of the stock is owned by corporate insiders.