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 Down 0.5 %

Shares of HDSN Stock traded down $0.05 during mid-day trading on Monday, hitting $10.26. The company's stock had a trading volume of 23,493 shares, compared to its average volume of 867,718. Hudson Technologies has a 52-week low of $2.73 and a 52-week high of $10.76. The business has a 50-day moving average price of $8.67 and a 200 day moving average price of $7.13. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.26 and a current ratio of 3.35. The stock has a market cap of $461.91 million, a price-to-earnings ratio of 5.26, a PEG ratio of 0.22 and a beta of 1.32.

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

Analyst Upgrades and Downgrades

HDSN has been the topic of a number of research analyst reports. EF Hutton Acquisition Corp I upped their target price on Hudson Technologies from $11.00 to $12.00 and gave the stock a "buy" rating in a research note on Thursday, August 4th. StockNews.com lowered Hudson Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, July 21st.

Insider Transactions at Hudson Technologies

In other news, Director Vincent P. Abbatecola sold 20,000 shares of the business's stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $9.75, for a total value of $195,000.00. Following the completion of the transaction, the director now owns 125,578 shares in the company, valued at $1,224,385.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Vincent P. Abbatecola sold 20,000 shares of the company's stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $9.75, for a total transaction of $195,000.00. Following the completion of the sale, the director now owns 125,578 shares in the company, valued at $1,224,385.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen P. Mandracchia sold 22,108 shares of the company's stock in a transaction on Friday, May 27th. The shares were sold at an average price of $9.73, for a total value of $215,110.84. Following the sale, the director now owns 120,892 shares of the company's stock, valued at approximately $1,176,279.16. The disclosure for this sale can be found here. Insiders sold 90,000 shares of company stock worth $876,463 over the last quarter. 14.30% of the stock is currently owned by insiders.