.jpg "A Director at Hudson Tech (NASDAQ: HDSN) is Selling Shares")
Today, a Director at Hudson Tech (NASDAQ: HDSN), Otto Morch, sold shares of HDSN for $30.75K.
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Based on Hudson Tech’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $42.43 million and GAAP net loss of $3.06 million. In comparison, last year the company earned revenue of $38.83 million and had a net profit of $5.73 million. HDSN’s market cap is $108.1M and the company has a P/E ratio of 41.5. Currently, Hudson Tech has an average volume of 470.7K.
The insider sentiment on Hudson Tech has been positive according to 25 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Hudson Technologies, Inc. operates as a refrigerant services company, which provides solutions to recurring problems within the refrigeration industry. Its products and services are used in commercial air conditioning, industrial processing and refrigeration systems, which include refrigerant sales; refrigerant management services consisting primarily of reclamation of refrigerants; and Refrigerant Side services performed at the customer’s site to remove moisture, oils and other contaminants. It also offers predictive and diagnostic services through the Chiller Chemistry and Chill Smart brands. The company was founded by Stephen P. Mandracchia and Kevin J. Zugibe on January 11, 1991 and is headquartered in Pearl River, NY.
