Can Hudson Technologies Inc. (HDSN)’s Tomorrow be Different? The Stock Just Broke Its 1 Year Low

April 16, 2018 - By Kurt Siggers

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.11, from 1.26 in 2017Q3. It dropped, as 26 investors sold Hudson Technologies Inc. shares while 26 reduced holdings. 25 funds opened positions while 35 raised stakes. 30.77 million shares or 3.26% more from 29.80 million shares in 2017Q3 were reported.
Suntrust Banks accumulated 30,092 shares or 0% of the stock. Ellington Mgmt Group Inc Limited Liability Co has invested 0.01% in Hudson Technologies Inc. (NASDAQ:HDSN). Royal Retail Bank Of Canada invested 0% in Hudson Technologies Inc. (NASDAQ:HDSN). Tealwood Asset Mgmt Inc holds 0.42% of its portfolio in Hudson Technologies Inc. (NASDAQ:HDSN) for 185,964 shares. Aqr Capital Mgmt Limited Company owns 173,554 shares. Savings Bank Of Ny Mellon owns 117,114 shares. Highbridge Capital Ltd holds 12,008 shares or 0% of its portfolio. Parametric Portfolio Assoc Ltd accumulated 146,581 shares or 0% of the stock. Cooper Creek Prtn Management Limited Com invested in 2.43M shares. Tiaa Cref Mngmt has invested 0% in Hudson Technologies Inc. (NASDAQ:HDSN). Thompson Davis & holds 0.7% or 48,391 shares. Moreover, Cap Impact Advisors Ltd Com has 0.35% invested in Hudson Technologies Inc. (NASDAQ:HDSN) for 135,010 shares. Ancora Advsrs Ltd Liability stated it has 0% in Hudson Technologies Inc. (NASDAQ:HDSN). Legal & General Gp Public Lc accumulated 7,938 shares. Barclays Public Limited Com accumulated 19,561 shares or 0% of the stock.

Since December 15, 2017, it had 6 insider buys, and 0 selling transactions for $124,560 activity. The insider ZUGIBE KEVIN J bought 5,000 shares worth $27,550. 10,000 shares valued at $57,950 were bought by Parrillo Richard on Friday, December 15. $11,020 worth of Hudson Technologies Inc. (NASDAQ:HDSN) shares were bought by MANDRACCHIA STEPHEN P. $11,520 worth of Hudson Technologies Inc. (NASDAQ:HDSN) shares were bought by ABBATECOLA VINCENT P.

The stock of Hudson Technologies Inc. (NASDAQ:HDSN) hit a new 52-week low and has $4.26 target or 3.00 % below today’s $4.39 share price. The 6 months bearish chart indicates high risk for the $186.36 million company. The 1-year low was reported on Apr, 16 by If the $4.26 price target is reached, the company will be worth $5.59M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.57% or $0.03 during the last trading session, reaching $4.39. About 90,456 shares traded. Hudson Technologies Inc. (NASDAQ:HDSN) has declined 30.03% since April 16, 2017 and is downtrending. It has underperformed by 41.58% the S&P500.

Analysts await Hudson Technologies Inc. (NASDAQ:HDSN) to report earnings on May, 2. They expect $0.02 EPS, down 84.62 % or $0.11 from last year’s $0.13 per share. HDSN’s profit will be $849,030 for 54.88 P/E if the $0.02 EPS becomes a reality. After $-0.06 actual EPS reported by Hudson Technologies Inc. for the previous quarter, Wall Street now forecasts -133.33 % EPS growth.

Hudson Technologies Inc. (NASDAQ:HDSN) Ratings Coverage

Among 3 analysts covering Hudson Tech (NASDAQ:HDSN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Hudson Tech had 4 analyst reports since November 3, 2017 according to SRatingsIntel. Roth Capital maintained the stock with “Buy” rating in Friday, November 3 report. The firm has “Buy” rating given on Thursday, March 8 by Roth Capital. The stock of Hudson Technologies Inc. (NASDAQ:HDSN) has “Neutral” rating given on Tuesday, March 6 by B. Riley & Co.

Hudson Technologies Inc. operates as a refrigerant services firm in the United States and internationally. The company has market cap of $186.36 million. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing; and separates crossed refrigerants. It has a 16.9 P/E ratio. The firm also offers RefrigerantSide services, including system decontamination to remove moisture, oils, and other contaminants, as well as refrigerant recovery and reclamation services; predictive and diagnostic services that are intended to predict potential problems in air conditioning and refrigeration systems under the Chiller Chemistry, Fluid Chemistry, and Chill Smart names; and SmartEnergy OPS service, a Web real time continuous monitoring service for measuring, modifying, and enhamcing the efficiency of energy systems comprising air conditioning and refrigeration systems.

Hudson Technologies Inc. (NASDAQ:HDSN) Institutional Positions Chart

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