Hudson Technologies Rating Increased to Neutral at Zacks (HDSN)
Hudson Technologies (NASDAQ:HDSN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Tuesday, StockRatingsNetwork reports. The firm currently has a $2.10 target price on the stock. Zacks‘ price target points to a potential upside of 2.94% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Roth Capital cut their price target on shares of Hudson Technologies (NASDAQ:HDSN) from $3.00 to $1.75 in a research note to investors on Wednesday, September 25th. They now have a “neutral” rating on the stock. Separately, 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.
Shares of Hudson Technologies (NASDAQ:HDSN) traded up 0.49% on Tuesday, hitting $2.04. 52,813 shares of the company’s stock traded hands. Hudson Technologies has a one year low of $1.76 and a one year high of $5.04. The stock has a 50-day moving average of $1.95 and a 200-day moving average of $3.01. The company has a market cap of $51.1 million and a P/E ratio of 5.33.
Hudson Technologies (NASDAQ:HDSN) last issued its quarterly earnings data 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. On average, analysts predict that Hudson Technologies will post $-0.21 earnings per share 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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