Quarterly Snapshot: Quick and Current Ratios for Hudson Technologies, Inc (HDSN)

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The closing price of Hudson Technologies, Inc (NASDAQ: HDSN) was $5.76 for the day, down -2.21% from the previous closing price of $5.89. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 0.53 million shares were traded. HDSN stock price reached its highest trading level at $5.88 during the session, while it also had its lowest trading level at $5.67.

Ratios:

Our analysis of HDSN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.21. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 4.37. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

On November 05, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $7.

B. Riley Securities Downgraded its Buy to Neutral on October 30, 2024, whereas the target price for the stock was revised from $10 to $8.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 07 ’24 when ABBATECOLA VINCENT P bought 2,500 shares for $5.98 per share. The transaction valued at 14,948 led to the insider holds 161,841 shares of the business.

ABBATECOLA VINCENT P sold 10,000 shares of HDSN for $92,000 on Jun 14 ’24. The Director now owns 159,341 shares after completing the transaction at $9.20 per share. On Dec 12 ’23, another insider, Parrillo Richard, who serves as the Director of the company, sold 30,000 shares for $12.85 each. As a result, the insider received 385,500 and left with 222,372 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 260343376 and an Enterprise Value of 215035200. As of this moment, Hudson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.82, and their Forward P/E ratio for the next fiscal year is 13.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 0.869 whereas that against EBITDA is 4.954.

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 $5.35. The 50-Day Moving Average of the stock is -23.42%, while the 200-Day Moving Average is calculated to be -39.02%.

Shares Statistics:

HDSN traded an average of 546.22K shares per day over the past three months and 1494030 shares per day over the past ten days. A total of 45.50M shares are outstanding, with a floating share count of 39.18M. Insiders hold about 13.32% of the company’s shares, while institutions hold 73.57% stake in the company. Shares short for HDSN as of 1730332800 were 733259 with a Short Ratio of 1.34, compared to 1727654400 on 886039. Therefore, it implies a Short% of Shares Outstanding of 733259 and a Short% of Float of 1.68.

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