Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $7.42 in the prior trading day, Hudson Technologies, Inc (NASDAQ: HDSN) closed at $7.59, up 2.29%. In other words, the price has increased by $2.29 from its previous closing price. On the day, 0.53 million shares were traded. HDSN stock price reached its highest trading level at $7.66 during the session, while it also had its lowest trading level at $7.345.
Ratios:
Our goal is to gain a better understanding of HDSN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 4.60. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on October 30, 2024, Downgraded its rating to Neutral and sets its target price to $8.50 from $10 previously.
On May 02, 2024, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $15 to $10.
On December 05, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $17.B. Riley Securities initiated its Buy rating on December 05, 2023, with a $17 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’24 when ABBATECOLA VINCENT P sold 10,000 shares for $9.20 per share. The transaction valued at 92,000 led to the insider holds 159,341 shares of the business.
Parrillo Richard sold 30,000 shares of HDSN for $385,500 on Dec 12 ’23. The Director now owns 222,372 shares after completing the transaction at $12.85 per share. On Dec 13 ’23, another insider, Parrillo Richard, who serves as the Director of the company, sold 22,399 shares for $12.93 each. As a result, the insider received 289,631 and left with 199,973 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HDSN now has a Market Capitalization of 345509696 and an Enterprise Value of 320776992. As of this moment, Hudson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.80, and their Forward P/E ratio for the next fiscal year is 8.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.225 whereas that against EBITDA is 5.405.
Stock Price History:
Over the past 52 weeks, HDSN has reached a high of $15.24, while it has fallen to a 52-week low of $6.94. The 50-Day Moving Average of the stock is -4.92%, while the 200-Day Moving Average is calculated to be -22.57%.
Shares Statistics:
The stock has traded on average 406.75K shares per day over the past 3-months and 373450 shares per day over the last 10 days, according to various share statistics. A total of 45.50M shares are outstanding, with a floating share count of 39.46M. Insiders hold about 13.32% of the company’s shares, while institutions hold 74.29% stake in the company. Shares short for HDSN as of 1728950400 were 806025 with a Short Ratio of 1.98, compared to 1726185600 on 956895. Therefore, it implies a Short% of Shares Outstanding of 806025 and a Short% of Float of 1.83.