Hudson Technologies Price Target Lowered to $1.75 at Roth Capital (HDSN)
Stock analysts at Roth Capital decreased their price objective on shares of Hudson Technologies (NASDAQ:HDSN) from $3.00 to $1.75 in a report issued on Wednesday, AR Network reports. The firm currently has a “neutral” rating on the stock. Roth Capital’s price objective would suggest a potential downside of 1.69% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sidoti initiated coverage on shares of Hudson Technologies (NASDAQ:HDSN) in a research note to investors on Wednesday, August 7th. They set a “buy” rating on the stock. Analysts at Zacks downgraded shares of Hudson Technologies (NASDAQ:HDSN) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 31st. They now have a $2.70 price target on the stock.
Hudson Technologies (NASDAQ:HDSN) traded up 7.30% during mid-day trading on Wednesday, hitting $1.91. 270,339 shares of the company’s stock traded hands. Hudson Technologies has a 52 week low of $1.77 and a 52 week high of $5.04. The stock has a 50-day moving average of $1.97 and a 200-day moving average of $3.09. The company has a market cap of $47.9 million and a price-to-earnings ratio of 4.67.
Hudson Technologies (NASDAQ:HDSN) last announced its earnings results on Tuesday, July 30th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.03. The company had revenue of $15.78 million for the quarter, compared to the consensus estimate of $18.72 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. Analysts expect that Hudson Technologies will post $-0.21 EPS for the current fiscal year.
Hudson Technologies, Inc is a refrigerant services company providing solutions to recurring problems within the refrigeration industry.
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