TheStreet lowered shares of Hudson Technologies (NASDAQ:HDSN) from a c- rating to a d rating in a research report report published on Tuesday morning.

A number of other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Hudson Technologies from a hold rating to a strong sell rating in a report on Thursday. Roth Capital reaffirmed a buy rating on shares of Hudson Technologies in a report on Tuesday, November 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $6.50.

Shares of HDSN opened at $1.76 on Tuesday. Hudson Technologies has a 12-month low of $0.70 and a 12-month high of $6.98. The company has a quick ratio of 0.41, a current ratio of 2.09 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $72.85 million, a price-to-earnings ratio of 3.73 and a beta of 1.60.

Hudson Technologies (NASDAQ:HDSN) last issued its earnings results on Wednesday, December 5th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.18). Hudson Technologies had a negative return on equity of 3.77% and a negative net margin of 30.62%. The firm had revenue of $40.55 million during the quarter, compared to analyst estimates of $51.53 million. As a group, research analysts forecast that Hudson Technologies will post -0.31 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of HDSN. Virginia National Bank bought a new stake in shares of Hudson Technologies in the 3rd quarter valued at about $635,000. United Services Automobile Association grew its position 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 valued at $985,000 after buying an additional 216,970 shares during the last quarter. Marathon Capital Management grew its position 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 valued at $1,146,000 after buying an additional 67,900 shares during the last quarter. Thompson Investment Management Inc. grew its position in shares of Hudson Technologies by 123.6% in the 3rd quarter. Thompson Investment Management Inc. now owns 145,325 shares of the industrial products company’s stock valued at $186,000 after buying an additional 80,325 shares during the last quarter. Finally, Pekin Singer Strauss Asset Management IL grew its position in shares of Hudson Technologies by 14.8% in the 3rd quarter. Pekin Singer Strauss Asset Management IL now owns 2,928,400 shares of the industrial products company’s stock valued at $3,748,000 after buying an additional 377,478 shares during the last quarter. 72.13% of the stock is owned by institutional investors and hedge funds.

Hudson Technologies Company Profile

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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