Hudson Technologies, Inc (NASDAQ: HDSN) is -56.41% lower on its value in year-to-date trading and has touched a low of $5.67 and a high of $15.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HDSN stock was last observed hovering at around $5.92 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $5.88, the stock is -23.74% and -25.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing -0.68% at the moment leaves the stock -39.63% off its SMA200. HDSN registered -52.43% loss for a year compared to 6-month loss of -36.16%. The firm has a 50-day simple moving average (SMA 50) of $7.9354 and a 200-day simple moving average (SMA200) of $9.77095.
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The stock witnessed a -23.04% gain in the last 1 month and extending the period to 3 months gives it a -26.13%, and is -22.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.28% over the week and 4.57% over the month.
Hudson Technologies, Inc (HDSN) has around 237 employees, a market worth around $267.67M and $247.33M in sales. Current P/E ratio is 8.95 and Fwd P/E is 13.29. Profit margin for the company is 12.49%. Distance from 52-week low is 3.70% and -61.42% from its 52-week high. The company has generated returns on investments over the last 12 months (11.99%).
The EPS is expected to shrink by -50.45% this year
233.0 institutions hold shares in Hudson Technologies, Inc (HDSN), with institutional investors hold 86.32% of the company’s shares. The shares outstanding are 45.50M, and float is at 39.46M with Short Float at 2.04%. Institutions hold 75.86% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.17 million shares valued at $27.87 million. The investor’s holdings represent 6.6317 of the HDSN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.35 million shares valued at $20.69 million to account for 4.9234 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.02 million shares representing 4.2231 and valued at over $17.75 million, while RENAISSANCE TECHNOLOGIES LLC holds 2.7711 of the shares totaling 1.32 million with a market value of $11.65 million.
Hudson Technologies, Inc (HDSN) Insider Activity
The most recent transaction is an insider sale by ABBATECOLA VINCENT P, the company’s Director. SEC filings show that ABBATECOLA VINCENT P sold 10,000 shares of the company’s common stock on Jun 14 ’24 at a price of $9.20 per share for a total of $92000.0. Following the sale, the insider now owns 0.16 million shares.
Hudson Technologies, Inc disclosed in a document filed with the SEC on Dec 12 ’23 that Parrillo Richard (Director) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Dec 12 ’23 and was made at $12.85 per share for $0.39 million. Following the transaction, the insider now directly holds 0.22 million shares of the HDSN stock.
Still, SEC filings show that on Dec 13 ’23, Parrillo Richard (Director) disposed off 22,399 shares at an average price of $12.93 for $0.29 million. The insider now directly holds 199,973 shares of Hudson Technologies, Inc (HDSN).
