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The price of Hudson Technologies, Inc. (NASDAQ: HDSN) closed at $7.75 in the last session, up 1.97% from day before closing price of $7.60. In other words, the price has increased by $1.97 from its previous closing price. On the day, 0.83 million shares were traded. HDSN stock price reached its highest trading level at $7.885 during the session, while it also had its lowest trading level at $7.57.
Ratios:
We take a closer look at HDSN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.81. 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, 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 352793184 and an Enterprise Value of 328060480. As of this moment, Hudson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.01, and their Forward P/E ratio for the next fiscal year is 8.88. 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 1.35 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 1.253 whereas that against EBITDA is 5.528.
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 -4.08%, while the 200-Day Moving Average is calculated to be -25.18%.
Shares Statistics:
According to the various share statistics, HDSN traded on average about 395.47K shares per day over the past 3-months and 462990 shares per day over the past 10 days. A total of 45.50M shares are outstanding, with a floating share count of 39.35M. Insiders hold about 13.55% of the company’s shares, while institutions hold 74.75% stake in the company. Shares short for HDSN as of 1726185600 were 956895 with a Short Ratio of 2.42, compared to 1723680000 on 1234925. Therefore, it implies a Short% of Shares Outstanding of 956895 and a Short% of Float of 2.17.
