Hudson Technologies (NASDAQ:HDSN) announced its earnings results on Wednesday. The industrial products company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.18), Morningstar.com reports. Hudson Technologies had a negative net margin of 30.62% and a negative return on equity of 16.74%.

HDSN stock opened at $1.71 on Thursday. The company has a current ratio of 2.09, a quick ratio of 0.41 and a debt-to-equity ratio of 1.30. Hudson Technologies has a 52-week low of $0.70 and a 52-week high of $6.98. The company has a market cap of $72.85 million, a price-to-earnings ratio of 3.64 and a beta of 1.60.

Several equities research analysts recently commented on the company. Zacks Investment Research downgraded Hudson Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday. Roth Capital restated a “buy” rating on shares of Hudson Technologies in a report on Tuesday, November 13th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $6.50.

Hedge funds have recently bought and sold shares of the business. Millennium Management LLC purchased a new stake in Hudson Technologies during the 1st quarter worth approximately $149,000. Alps Advisors Inc. purchased a new stake in Hudson Technologies during the 2nd quarter worth approximately $290,000. Ingalls & Snyder LLC increased its holdings in Hudson Technologies by 256.7% during the 3rd quarter. Ingalls & Snyder LLC now owns 79,236 shares of the industrial products company’s stock worth $101,000 after purchasing an additional 57,025 shares during the last quarter. Jane Street Group LLC purchased a new stake in Hudson Technologies during the 2nd quarter worth approximately $200,000. Finally, LMR Partners LLP purchased a new stake in Hudson Technologies during the 2nd quarter worth approximately $211,000. Institutional investors own 72.13% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.watchlistnews.com/hudson-technologies-hdsn-releases-quarterly-earnings-results-misses-expectations-by-0-18-eps/2664360.html.

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.

Featured Story: How much can an individual set aside as a catch-up contribution?

Earnings History for Hudson Technologies (NASDAQ:HDSN)

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.