Hudson Technologies, Inc. (NASDAQ:HDSN) Director Vincent P. Abbatecola bought 2,000 shares of the company’s stock in a transaction dated Sunday, December 17th. The shares were purchased at an average price of $5.76 per share, with a total value of $11,520.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Hudson Technologies, Inc. (NASDAQ:HDSN) traded down $0.02 during trading on Tuesday, hitting $5.70. The company had a trading volume of 304,211 shares, compared to its average volume of 611,028. Hudson Technologies, Inc. has a twelve month low of $5.40 and a twelve month high of $10.40. The firm has a market capitalization of $240.47, a PE ratio of 16.34, a PEG ratio of 0.78 and a beta of 1.06.
Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Hudson Technologies had a return on equity of 12.58% and a net margin of 11.69%. The business had revenue of $24.70 million during the quarter, compared to analysts’ expectations of $25.00 million. During the same period in the previous year, the firm earned $0.14 earnings per share. The firm’s quarterly revenue was down 29.2% compared to the same quarter last year. equities analysts predict that Hudson Technologies, Inc. will post 0.3 EPS for the current year.
A number of brokerages recently commented on HDSN. B. Riley reaffirmed a “hold” rating and set a $7.50 price objective on shares of Hudson Technologies in a research note on Tuesday, November 7th. Roth Capital set a $11.00 price objective on Hudson Technologies and gave the stock a “buy” rating in a research note on Thursday, October 5th. ValuEngine cut Hudson Technologies from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research cut Hudson Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $9.25.
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About Hudson Technologies
Hudson Technologies, Inc is a refrigerant services company. The Company’s products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide Services performed at a customer’s site, consisting of system decontamination to remove moisture, oils and other contaminants.
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