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After finishing at $8.85 in the prior trading day, Hudson Technologies, Inc. (NASDAQ: HDSN) closed at $8.56, down -3.28%. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 0.67 million shares were traded. HDSN stock price reached its highest trading level at $8.85 during the session, while it also had its lowest trading level at $8.37.
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 36.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.03 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, Canaccord Genuity on May 02, 2024, Downgraded its rating to Hold and sets its target price to $10 from $15 previously.
On December 05, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $17.
On September 25, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.Canaccord Genuity initiated its Buy rating on September 25, 2023, with a $15 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 20,205 shares of HDSN for $268,491 on Dec 14 ’23. The Director now owns 179,768 shares after completing the transaction at $13.29 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 389573312 and an Enterprise Value of 398487680. As of this moment, Hudson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.76, and their Forward P/E ratio for the next fiscal year is 8.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 1.438 whereas that against EBITDA is 5.38.
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 $7.90. The 50-Day Moving Average of the stock is -4.77%, while the 200-Day Moving Average is calculated to be -25.40%.
Shares Statistics:
The stock has traded on average 491.45K shares per day over the past 3-months and 309450 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 39.34M. Insiders hold about 13.56% of the company’s shares, while institutions hold 72.59% stake in the company. Shares short for HDSN as of 1721001600 were 1483040 with a Short Ratio of 3.02, compared to 1718323200 on 1412115. Therefore, it implies a Short% of Shares Outstanding of 1483040 and a Short% of Float of 3.37.
