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.

Hudson Technologies Stock Up 5.7 %

NASDAQ:HDSN traded up $0.56 during trading 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 capitalization of $464.16 million, a PE ratio of 5.31, a P/E/G ratio of 0.21 and a beta of 1.32. Hudson Technologies has a 12 month low of $2.70 and a 12 month high of $10.76. The company's 50-day moving average price is $8.67 and its two-hundred day moving average price is $7.11. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 3.35.

Hudson Technologies (NASDAQ:HDSN - Get Rating) last announced its quarterly earnings data 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. Hudson Technologies had a net margin of 31.89% and a return on equity of 84.09%. The business had revenue of $103.94 million for the quarter, compared to analyst estimates of $94.00 million. As a group, sell-side analysts forecast that Hudson Technologies will post 1.54 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HDSN shares. StockNews.com downgraded shares of Hudson Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, July 21st. EF Hutton Acquisition Corp I increased their target price on Hudson Technologies from $11.00 to $12.00 and gave the stock a "buy" rating in a report on Thursday, August 4th.

Insiders Place Their Bets

In related news, Director Stephen P. Mandracchia sold 27,892 shares of Hudson Technologies 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 of the company's stock, valued at $902,100. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Stephen P. Mandracchia sold 22,108 shares of the business's stock in a transaction on Friday, May 27th. The shares were sold at an average price of $9.73, for a total transaction of $215,110.84. Following the transaction, the director now directly owns 120,892 shares in the company, valued at $1,176,279.16. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Stephen P. Mandracchia sold 27,892 shares of the company's stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $9.70, for a total transaction of $270,552.40. Following the sale, the director now directly owns 93,000 shares in the company, valued at $902,100. The disclosure for this sale can be found here. Insiders have sold 90,000 shares of company stock valued at $876,463 in the last three months. 14.30% of the stock is currently owned by corporate insiders.