Hudson Technologies, Inc (NASDAQ: HDSN) is -1.53% lower on its value in year-to-date trading and has touched a low of $5.11 and a high of $9.28 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 $8.2 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $8.37, the stock is 7.96% and 14.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 2.07% at the moment leaves the stock 27.33% off its SMA200. HDSN registered 50.00% gain for a year compared to 6-month gain of 53.30%.
The stock witnessed a 15.45% loss in the last 1 month and extending the period to 3 months gives it a 35.88%, and is 6.08% up 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 2.77% over the week and 3.10% over the month.
Hudson Technologies, Inc (HDSN) has around 238 employees, a market worth around $363.93M and $227.21M in sales. Current P/E ratio is 22.52 and Fwd P/E is 14.51. Profit margin for the company is 7.74%. Distance from 52-week low is 63.80% and -9.81% from its 52-week high. The company has generated returns on investments over the last 12 months (7.00%).
The EPS is expected to shrink by -23.56% this year
The shares outstanding are 43.98M, and float is at 38.13M with Short Float at 4.00%.
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 6.9663 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 5.1719 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.02 million shares representing 4.4362 and valued at over $17.75 million, while RENAISSANCE TECHNOLOGIES LLC holds 2.9109 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 purchase by ABBATECOLA VINCENT P, the company’s Director. SEC filings show that ABBATECOLA VINCENT P bought 2,500 shares of the company’s common stock on Nov 07 ’24 at a price of $5.98 per share for a total of $14948.0. Following the purchase, the insider now owns 0.16 million shares.
