Shares of Hudson Technologies, Inc. (NASDAQ:HDSN) were up 18.1% on Thursday . The stock traded as high as $1.75 and last traded at $1.70. Approximately 928,349 shares changed hands during trading, an increase of 271% from the average daily volume of 250,341 shares. The stock had previously closed at $1.44.
Several analysts have weighed in on HDSN shares. Zacks Investment Research raised Hudson Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 6th. Roth Capital reaffirmed a “buy” rating on shares of Hudson Technologies in a research note on Tuesday, November 13th. ValuEngine raised Hudson Technologies from a “sell” rating to a “hold” rating in a research note on Friday, December 7th. Finally, TheStreet downgraded Hudson Technologies from a “c-” rating to a “d” rating in a research note on Tuesday, December 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $6.50.
The company has a current ratio of 2.09, a quick ratio of 0.44 and a debt-to-equity ratio of 1.30.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc raised its stake in shares of Hudson Technologies by 1.2% in the 3rd quarter. Vanguard Group Inc now owns 1,597,854 shares of the industrial products company’s stock worth $2,045,000 after buying an additional 18,319 shares in the last quarter. Marathon Capital Management raised its stake in shares of Hudson Technologies by 8.2% in the 3rd quarter. Marathon Capital Management now owns 895,975 shares of the industrial products company’s stock worth $1,146,000 after buying an additional 67,900 shares in the last quarter. United Services Automobile Association raised its stake in shares of Hudson Technologies by 39.3% in the 3rd quarter. United Services Automobile Association now owns 769,298 shares of the industrial products company’s stock worth $985,000 after buying an additional 216,970 shares in the last quarter. Virginia National Bank bought a new stake in shares of Hudson Technologies in the 3rd quarter worth $635,000. Finally, Norges Bank bought a new stake in shares of Hudson Technologies in the 4th quarter worth $351,000. 69.34% of the stock is currently owned by institutional investors.
TRADEMARK VIOLATION NOTICE: “Hudson Technologies (HDSN) Stock Price Up 18.1%” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.com-unik.info/2019/03/07/hudson-technologies-hdsn-stock-price-up-18-1.html.
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.
Featured Article: Net Margin – Understanding the Different Kinds of Profit
Receive News & Ratings for Hudson Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson Technologies and related companies with MarketBeat.com's FREE daily email newsletter.