Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) CEO Kenneth Gaglione acquired 5,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was bought at an average price of $4.89 per share, with a total value of $24,450.00. Following the transaction, the chief executive officer directly owned 5,000 shares of the company’s stock, valued at approximately $24,450. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Hudson Technologies Trading Up 2.2%
HDSN stock traded up $0.11 during midday trading on Friday, hitting $4.95. The company had a trading volume of 415,458 shares, compared to its average volume of 322,717. Hudson Technologies, Inc. has a 52 week low of $4.70 and a 52 week high of $10.52. The stock’s 50 day moving average price is $5.98 and its 200 day moving average price is $6.84. The stock has a market cap of $208.04 million, a price-to-earnings ratio of 15.95 and a beta of 0.87.
Hudson Technologies (NASDAQ:HDSN – Get Free Report) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). The business had revenue of $60.15 million for the quarter, compared to the consensus estimate of $57.15 million. Hudson Technologies had a net margin of 5.66% and a return on equity of 6.98%. Analysts predict that Hudson Technologies, Inc. will post 0.37 earnings per share for the current year.
Institutional Investors Weigh In On Hudson Technologies
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Roth Mkm decreased their target price on Hudson Technologies from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Friday, March 6th. Wall Street Zen downgraded Hudson Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings upgraded Hudson Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Canaccord Genuity Group decreased their target price on Hudson Technologies from $9.50 to $9.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Finally, B. Riley Financial decreased their target price on Hudson Technologies from $10.50 to $9.50 and set a “buy” rating for the company in a report on Thursday, March 5th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $8.88.
View Our Latest Research Report on Hudson Technologies
Hudson Technologies Company Profile
Hudson Technologies, Inc is a U.S.-based provider of refrigerant management and sustainability solutions, specializing in the recovery, reclamation and recycling of refrigerant gases. The company’s core business centers on collecting used refrigerants—such as CFCs, HCFCs and HFCs—from industrial, commercial and institutional customers, processing them in certified reclamation facilities and returning material that meets industry purity standards.
Headquartered in Purchase, New York, Hudson Technologies operates a network of reclamation centers across the continental United States.
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