ValuEngine upgraded shares of Hudson Technologies (NASDAQ:HDSN) from a sell rating to a hold rating in a report published on Friday.

Several other equities research analysts have also commented on the stock. Roth Capital restated a buy rating on shares of Hudson Technologies in a research note on Tuesday, November 13th. Zacks Investment Research upgraded shares of Hudson Technologies from a strong sell rating to a hold rating in a research note on Wednesday, October 10th. Finally, TheStreet lowered shares of Hudson Technologies from a c- rating to a d rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Hudson Technologies has a consensus rating of Hold and an average price target of $6.50.

Shares of NASDAQ:HDSN traded down $0.09 during trading hours on Friday, hitting $1.76. The stock had a trading volume of 2,190,779 shares, compared to its average volume of 777,617. Hudson Technologies has a 1-year low of $0.70 and a 1-year high of $6.98. The firm has a market capitalization of $78.38 million, a P/E ratio of 3.73 and a beta of 1.60. 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 (NASDAQ:HDSN) last announced its quarterly earnings results on Wednesday, December 5th. The industrial products company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.18). Hudson Technologies had a negative net margin of 30.62% and a negative return on equity of 3.77%. The firm had revenue of $40.55 million during the quarter, compared to analyst estimates of $51.53 million. Analysts predict that Hudson Technologies will post -0.31 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Pekin Singer Strauss Asset Management IL increased its stake in shares of Hudson Technologies by 14.8% during the third 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 acquiring an additional 377,478 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Hudson Technologies by 12.3% during the second 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 during the period. Granahan Investment Management Inc. MA increased its stake in shares of Hudson Technologies by 183.3% during the second 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 during the period. Marathon Capital Management increased its stake in shares of Hudson Technologies by 8.2% during the third 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 during the period. Finally, United Services Automobile Association increased its stake in shares of Hudson Technologies by 39.3% during the third quarter. United Services Automobile Association now owns 769,298 shares of the industrial products company’s stock valued at $985,000 after acquiring an additional 216,970 shares during the period. Institutional investors and hedge funds own 72.13% of the company’s stock.

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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