Hudson Technologies, Inc. (NASDAQ:HDSN) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.63 and traded as high as $0.72. Hudson Technologies shares last traded at $0.70, with a volume of 14,041 shares trading hands.

Separately, Zacks Investment Research lowered Hudson Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, December 4th.

The business has a 50 day moving average of $0.64 and a 200 day moving average of $0.75. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.69 and a quick ratio of 0.27. The firm has a market capitalization of $30.90 million, a price-to-earnings ratio of -3.10 and a beta of 1.12.

Hudson Technologies (NASDAQ:HDSN) last issued its earnings results on Thursday, November 14th. The industrial products company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.05). The firm had revenue of $45.63 million during the quarter, compared to analyst estimates of $44.00 million. Hudson Technologies had a negative net margin of 14.37% and a negative return on equity of 34.93%. On average, sell-side analysts forecast that Hudson Technologies, Inc. will post -0.48 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Hudson Technologies by 62.1% during the second quarter. Vanguard Group Inc. now owns 1,701,343 shares of the industrial products company’s stock worth $1,463,000 after buying an additional 651,755 shares during the last quarter. BlackRock Inc. raised its position in shares of Hudson Technologies by 19.2% during the second quarter. BlackRock Inc. now owns 961,981 shares of the industrial products company’s stock worth $827,000 after purchasing an additional 154,798 shares during the period. D. E. Shaw & Co. Inc. acquired a new stake in shares of Hudson Technologies during the second quarter worth about $123,000. Wells Fargo & Company MN raised its position in shares of Hudson Technologies by 16.5% during the second quarter. Wells Fargo & Company MN now owns 744,069 shares of the industrial products company’s stock worth $640,000 after purchasing an additional 105,467 shares during the period. Finally, Bard Associates Inc. raised its position in shares of Hudson Technologies by 3.4% during the second quarter. Bard Associates Inc. now owns 840,025 shares of the industrial products company’s stock worth $722,000 after purchasing an additional 27,425 shares during the period. Hedge funds and other institutional investors own 44.63% of the company’s stock.

Hudson Technologies Company Profile (NASDAQ:HDSN)

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.

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