In a report issued on August 10, Timothy Mchugh from William Blair reiterated a Hold rating on Hudson Tech (NASDAQ: HDSN). The company’s shares closed on Friday at $1.83, close to its 52-week low of $1.58.
According to TipRanks.com, Mchugh is a 4-star analyst with an average return of 10.3% and a 69.7% success rate. Mchugh covers the Services sector, focusing on stocks such as Navigant Consulting, S&P Global Inc, and Moody’s Corp.
Currently, the analyst consensus on Hudson Tech is a Moderate Buy with an average price target of $6.
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The company has a one-year high of $9.80 and a one-year low of $1.58. Currently, Hudson Tech has an average volume of 837.3K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HDSN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. The company also offers predictive and diagnostic services through the Chiller Chemistry and Chill Smart brands. Hudson Technologies was founded by Stephen P. Mandracchia and Kevin J. Zugibe on January 11, 1991 and is headquartered in Pearl River, NY.
