What’s Next for Hudson Technologies Inc. (HDSN) After Making Yearly Low?

April 24, 2018 - By Maria Brooks

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.11, from 1.26 in 2017Q3. It worsened, as 26 investors sold Hudson Technologies Inc. shares while 26 reduced holdings. 25 funds opened positions while 35 raised stakes. 30.77 million shares or 3.26% more from 29.80 million shares in 2017Q3 were reported.
Dimensional Fund Limited Partnership reported 2.36M shares. Quantbot Techs Limited Partnership owns 0% invested in Hudson Technologies Inc. (NASDAQ:HDSN) for 2,089 shares. Elk Creek Prns Lc has invested 0.43% of its portfolio in Hudson Technologies Inc. (NASDAQ:HDSN). Goldman Sachs Gru Inc owns 0% invested in Hudson Technologies Inc. (NASDAQ:HDSN) for 41,821 shares. 50,201 are held by Kennedy Cap. California Public Employees Retirement invested in 0% or 104,500 shares. Perritt Capital Mgmt has invested 1.32% in Hudson Technologies Inc. (NASDAQ:HDSN). Manufacturers Life Insur The holds 30,314 shares or 0% of its portfolio. Sei Investments Co reported 56 shares. Wasatch Advsrs Incorporated reported 156,216 shares. Violich Capital Mngmt Inc invested 0.07% in Hudson Technologies Inc. (NASDAQ:HDSN). Legal And General Grp Public Limited has 7,938 shares. Susquehanna International Gru Llp, Pennsylvania-based fund reported 67,735 shares. Dnb Asset Mngmt As accumulated 2.74M shares or 0.2% of the stock. Geode Cap Ltd Llc reported 325,835 shares or 0% of all its holdings.

Since December 15, 2017, it had 6 insider purchases, and 0 selling transactions for $124,560 activity. $57,950 worth of Hudson Technologies Inc. (NASDAQ:HDSN) was bought by Parrillo Richard. The insider COLEMAN BRIAN F bought $11,020. $11,020 worth of stock was bought by MANDRACCHIA STEPHEN P on Thursday, March 15. ABBATECOLA VINCENT P bought $11,520 worth of stock.

The stock of Hudson Technologies Inc. (NASDAQ:HDSN) hit a new 52-week low and has $4.07 target or 3.00 % below today’s $4.20 share price. The 6 months bearish chart indicates high risk for the $178.09M company. The 1-year low was reported on Apr, 24 by Barchart.com. If the $4.07 price target is reached, the company will be worth $5.34 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 2.10% or $0.09 during the last trading session, reaching $4.2. About 161,119 shares traded. Hudson Technologies Inc. (NASDAQ:HDSN) has declined 30.03% since April 24, 2017 and is downtrending. It has underperformed by 41.58% the S&P500.

Analysts await Hudson Technologies Inc. (NASDAQ:HDSN) to report earnings on May, 2. They expect $0.02 EPS, down 84.62 % or $0.11 from last year’s $0.13 per share. HDSN’s profit will be $848,062 for 52.50 P/E if the $0.02 EPS becomes a reality. After $-0.06 actual EPS reported by Hudson Technologies Inc. for the previous quarter, Wall Street now forecasts -133.33 % EPS growth.

Hudson Technologies Inc. (NASDAQ:HDSN) Ratings Coverage

Among 3 analysts covering Hudson Tech (NASDAQ:HDSN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Hudson Tech had 4 analyst reports since November 3, 2017 according to SRatingsIntel. Roth Capital maintained the stock with “Buy” rating in Thursday, March 8 report. As per Friday, November 3, the company rating was maintained by Roth Capital. The stock of Hudson Technologies Inc. (NASDAQ:HDSN) has “Neutral” rating given on Tuesday, March 6 by B. Riley & Co.

Hudson Technologies Inc. operates as a refrigerant services firm in the United States and internationally. The company has market cap of $178.09 million. 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; and separates crossed refrigerants. It has a 16.15 P/E ratio. The firm also offers RefrigerantSide services, including system decontamination to remove moisture, oils, and other contaminants, as well as refrigerant recovery and reclamation services; predictive and diagnostic services that are intended to predict potential problems in air conditioning and refrigeration systems under the Chiller Chemistry, Fluid Chemistry, and Chill Smart names; and SmartEnergy OPS service, a Web real time continuous monitoring service for measuring, modifying, and enhamcing the efficiency of energy systems comprising air conditioning and refrigeration systems.

Hudson Technologies Inc. (NASDAQ:HDSN) Institutional Positions Chart

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