Hudson Technologies (NASDAQ:HDSN) posted its earnings results on Thursday. The industrial products company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.05), Fidelity Earnings reports. The company had revenue of $45.63 million for the quarter, compared to analyst estimates of $44.00 million. Hudson Technologies had a negative return on equity of 26.30% and a negative net margin of 25.38%.
Shares of Hudson Technologies stock traded down $0.03 during trading on Friday, hitting $0.61. 946,700 shares of the company were exchanged, compared to its average volume of 569,548. The firm has a market capitalization of $30.69 million, a P/E ratio of -2.65 and a beta of 1.03. Hudson Technologies has a 1-year low of $0.30 and a 1-year high of $2.25. The firm’s fifty day moving average price is $0.64 and its 200 day moving average price is $0.92. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.69 and a quick ratio of 0.22.
Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Hudson Technologies from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 17th. Roth Capital lowered Hudson Technologies from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $4.00 to $0.60 in a research report on Monday, August 12th. Four analysts have rated the stock with a hold rating, Hudson Technologies currently has an average rating of “Hold” and a consensus price target of $1.30.
Hudson Technologies Inc operates as a refrigerant services company in the United States and internationally. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing services.
Further Reading: 52-week highs
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