Hudson Technologies (HDSN) Getting Somewhat Favorable News Coverage, Analysis Finds

News coverage about Hudson Technologies (NASDAQ:HDSN) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hudson Technologies earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 48.3164333195352 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

Hudson Technologies traded down $0.04, hitting $1.83, on Friday, according to Marketbeat.com. The stock had a trading volume of 1,256,833 shares, compared to its average volume of 561,391. Hudson Technologies has a 52-week low of $1.58 and a 52-week high of $10.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 0.41. The stock has a market capitalization of $79.29 million, a PE ratio of 3.89 and a beta of 1.29.

Hudson Technologies (NASDAQ:HDSN) last posted its earnings results on Wednesday, August 8th. The industrial products company reported ($0.67) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.72). Hudson Technologies had a negative return on equity of 0.96% and a negative net margin of 23.19%. The firm had revenue of $58.08 million during the quarter, compared to analysts’ expectations of $66.03 million. research analysts anticipate that Hudson Technologies will post -0.05 EPS for the current year.

A number of analysts recently commented on HDSN shares. ValuEngine cut shares of Hudson Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, April 19th. William Blair cut shares of Hudson Technologies from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 19th. Zacks Investment Research cut shares of Hudson Technologies from a “hold” rating to a “sell” rating in a research note on Friday, May 11th. Finally, B. Riley dropped their price target on shares of Hudson Technologies from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Thursday, May 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $6.50.

In other news, Director Richard Parrillo bought 25,000 shares of the stock in a transaction on Wednesday, May 30th. The shares were acquired at an average cost of $2.27 per share, for a total transaction of $56,750.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Otto C. Morch sold 12,224 shares of the stock in a transaction that occurred on Friday, May 18th. The stock was sold at an average price of $2.52, for a total transaction of $30,804.48. The disclosure for this sale can be found here. Insiders acquired a total of 50,000 shares of company stock worth $110,600 over the last quarter. Corporate insiders own 18.90% of the company’s stock.

Hudson Technologies Company Profile

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.

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Insider Buying and Selling by Quarter for Hudson Technologies (NASDAQ:HDSN)

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