Hudson Technologies (HDSN) Projected to Post Earnings on Thursday

Hudson Technologies (NASDAQ:HDSN) is expected to post its quarterly earnings results after the market closes on Thursday, March 6th. Analysts expect Hudson Technologies to post earnings of ($0.01) per share and revenue of $37.96 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Hudson Technologies Stock Performance

Shares of HDSN stock opened at $5.47 on Wednesday. The company has a market capitalization of $247.24 million, a price-to-earnings ratio of 8.42, a P/E/G ratio of 0.49 and a beta of 1.09. Hudson Technologies has a 1-year low of $5.17 and a 1-year high of $14.59. The stock’s fifty day simple moving average is $5.77 and its 200-day simple moving average is $6.67.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Canaccord Genuity Group lowered their target price on Hudson Technologies from $8.75 to $8.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. B. Riley reaffirmed a “neutral” rating and set a $7.25 price objective (down from $8.50) on shares of Hudson Technologies in a research report on Tuesday, November 5th. Roth Mkm lowered shares of Hudson Technologies from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $12.00 to $7.00 in a research note on Tuesday, November 5th. Craig Hallum lowered shares of Hudson Technologies from a “buy” rating to a “hold” rating and decreased their target price for the company from $10.00 to $7.00 in a research note on Tuesday, November 5th. Finally, Roth Capital downgraded shares of Hudson Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, Hudson Technologies presently has a consensus rating of “Hold” and a consensus target price of $7.85.

About Hudson Technologies

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.