The stock of Hudson Technologies, Inc (NASDAQ: HDSN) has increased by 2.79 when compared to last closing price of 5.73. Despite this, the company has experienced a -0.51% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-12 that OLD GREENWICH, Conn., Nov. 12, 2024 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today financial results for the third quarter ended September 30, 2024.
Is It Worth Investing in Hudson Technologies, Inc (NASDAQ: HDSN) Right Now?
The price-to-earnings ratio for Hudson Technologies, Inc (NASDAQ: HDSN) is above average at 9.02x, Company’s 36-month beta value is 1.13.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for HDSN is 39.46M, and currently, short sellers hold a 1.86% ratio of that floaft. The average trading volume of HDSN on November 12, 2024 was 511.44K shares.
HDSN’s Market Performance
The stock of Hudson Technologies, Inc (HDSN) has seen a -0.51% decrease in the past week, with a -24.87% drop in the past month, and a -25.63% fall in the past quarter. The volatility ratio for the week is 9.71%, and the volatility levels for the past 30 days are at 4.76% for HDSN. The simple moving average for the last 20 days is -19.51% for HDSN stock, with a simple moving average of -38.75% for the last 200 days.
Analysts’ Opinion of HDSN
Many brokerage firms have already submitted their reports for HDSN stocks, with ROTH MKM repeating the rating for HDSN by listing it as a “Neutral.” The predicted price for HDSN in the upcoming period, according to ROTH MKM is $7 based on the research report published on November 05, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see HDSN reach a price target of $7. The rating they have provided for HDSN stocks is “Hold” according to the report published on November 05th, 2024.
B. Riley Securities gave a rating of “Neutral” to HDSN, setting the target price at $8.50 in the report published on October 30th of the current year.
HDSN Trading at -23.59% from the 50-Day Moving Average
After a stumble in the market that brought HDSN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.35% of loss for the given period.
Volatility was left at 4.76%, however, over the last 30 days, the volatility rate increased by 9.71%, as shares sank -24.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.07% lower at present.
During the last 5 trading sessions, HDSN fell by -0.34%, which changed the moving average for the period of 200-days by -52.76% in comparison to the 20-day moving average, which settled at $7.32. In addition, Hudson Technologies, Inc saw -56.34% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HDSN starting from ABBATECOLA VINCENT P, who purchase 2,500 shares at the price of $5.98 back on Nov 07 ’24. After this action, ABBATECOLA VINCENT P now owns 161,841 shares of Hudson Technologies, Inc, valued at $14,948 using the latest closing price.
ABBATECOLA VINCENT P, the Director of Hudson Technologies, Inc, sale 10,000 shares at $9.20 during a trade that took place back on Jun 14 ’24, which means that ABBATECOLA VINCENT P is holding 159,341 shares at $92,000 based on the most recent closing price.
Stock Fundamentals for HDSN
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.3 for the gross margin
The net margin for Hudson Technologies, Inc stands at 0.12. The total capital return value is set at 0.14. Equity return is now at value 12.92, with 10.29 for asset returns.
Based on Hudson Technologies, Inc (HDSN), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 22.48. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 125.55.
Currently, EBITDA for the company is 83.95 million with net debt to EBITDA at -1.26. When we switch over and look at the enterprise to sales, we see a ratio of 0.87. The receivables turnover for the company is 8.66for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.37.
Conclusion
In a nutshell, Hudson Technologies, Inc (HDSN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
