Zacks Upgrades Hudson Technologies to “Neutral” (HDSN)
Hudson Technologies (NASDAQ:HDSN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Thursday, Analyst Ratings News reports. The firm currently has a $3.20 price objective on the stock. Zacks‘s price target would suggest a potential upside of 2.56% from the company’s current price.
Shares of Hudson Technologies (NASDAQ:HDSN) traded up 2.88% on Thursday, hitting $3.21. The stock had a trading volume of 40,297 shares. Hudson Technologies has a 52-week low of $1.75 and a 52-week high of $4.45. The stock has a 50-day moving average of $2.9 and a 200-day moving average of $2.90. The company’s market cap is $80.5 million.
Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.02. The company had revenue of $15.60 million for the quarter, compared to the consensus estimate of $13.58 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. Analysts expect that Hudson Technologies will post $0.11 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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