Hudson Technologies, Inc. (NASDAQ:HDSN) shares traded up 7.5% during trading on Tuesday . The stock traded as high as $2.14 and last traded at $1.73. 10,634 shares traded hands during trading, a decline of 97% from the average session volume of 338,003 shares. The stock had previously closed at $1.61.
Several research analysts have commented on the company. Roth Capital restated a “buy” rating on shares of Hudson Technologies in a report on Tuesday, November 13th. Zacks Investment Research upgraded Hudson Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $6.50.
The firm has a market capitalization of $46.22 million, a P/E ratio of 3.64 and a beta of 1.59. The company has a quick ratio of 0.41, a current ratio of 2.09 and a debt-to-equity ratio of 0.84.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pekin Singer Strauss Asset Management IL increased its holdings in Hudson Technologies by 14.8% during the 3rd quarter. Pekin Singer Strauss Asset Management IL now owns 2,928,400 shares of the industrial products company’s stock worth $3,748,000 after purchasing an additional 377,478 shares during the period. Dimensional Fund Advisors LP boosted its position in Hudson Technologies by 12.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,688,285 shares of the industrial products company’s stock valued at $5,403,000 after acquiring an additional 294,053 shares in the last quarter. Heartland Advisors Inc. boosted its position in Hudson Technologies by 103.3% during the 2nd quarter. Heartland Advisors Inc. now owns 2,112,400 shares of the industrial products company’s stock valued at $4,246,000 after acquiring an additional 1,073,500 shares in the last quarter. Granahan Investment Management Inc. MA boosted its position in Hudson Technologies by 183.3% during the 2nd quarter. Granahan Investment Management Inc. MA now owns 1,035,117 shares of the industrial products company’s stock valued at $2,081,000 after acquiring an additional 669,745 shares in the last quarter. Finally, Marathon Capital Management boosted its position in Hudson Technologies by 8.2% during the 3rd quarter. Marathon Capital Management now owns 895,975 shares of the industrial products company’s stock valued at $1,146,000 after acquiring an additional 67,900 shares in the last quarter. Institutional investors own 72.13% of the company’s stock.
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Hudson Technologies Company Profile (NASDAQ:HDSN)
Hudson Technologies Inc operates as a refrigerant services company in the United States and internationally. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing.
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