While Hudson Technologies, Inc has overperformed by 2.60%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HDSN fell by -54.29%, with highs and lows ranging from $15.24 to $5.35, whereas the simple moving average fell by -37.20% in the last 200 days.
On November 05, 2024, ROTH MKM Downgraded Hudson Technologies, Inc (NASDAQ: HDSN) to Neutral. A report published by Craig Hallum on November 05, 2024, Downgraded its rating to ‘Hold’ for HDSN. B. Riley Securities also Downgraded HDSN shares as ‘Neutral’, setting a target price of $8.50 on the company’s shares in a report dated October 30, 2024. Canaccord Genuity May 02, 2024d the rating to Hold on May 02, 2024, and set its price target from $15 to $10. B. Riley Securities initiated its ‘Buy’ rating for HDSN, as published in its report on December 05, 2023. Canaccord Genuity’s report from September 25, 2023 suggests a price prediction of $15 for HDSN shares, giving the stock a ‘Buy’ rating. ROTH Capital also rated the stock as ‘Buy’.
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Analysis of Hudson Technologies, Inc (HDSN)
Further, the quarter-over-quarter decrease in sales is -19.02%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Hudson Technologies, Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 12.92% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.15, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and HDSN is recording an average volume of 547.68K. On a monthly basis, the volatility of the stock is set at 5.44%, whereas on a weekly basis, it is put at 4.01%, with a loss of -6.04% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.31, showing growth from the present price of $5.91, which can serve as yet another indication of whether HDSN is worth investing in or should be passed over.
How Do You Analyze Hudson Technologies, Inc Shares?
Hudson Technologies, Inc (HDSN) is based in the USA and is one of the most prominent companies operating in the Specialty Chemicals market. When comparing Hudson Technologies, Inc shares with other companies under Basic Materials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 9.05, there is a growth in quarterly earnings of -42.28%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 13.32%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 73.57% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HDSN shares are owned by institutional investors to the tune of 73.57% at present.
