Hudson Technologies, Inc. Shares Rise 16.84% From The Lows – But Will They Continue?

ZM Stock

In recent trading session, Hudson Technologies, Inc. (NASDAQ:HDSN) saw 1.47 million shares changing hands at last check today with its beta currently measuring 1.11. Company’s recent per share price level of $8.67 trading at -$1.13 or -11.53% at last check today assigns it a market valuation of $394.57M. That closing price of HDSN’s stock is at a discount of -75.78% from its 52-week high price of $15.24 and is indicating a premium of 16.84% from its 52-week low price of $7.21. Taking a look at company’s average trading volume volume of 501.01K if we extend that period to 3-months.

Hudson Technologies, Inc. (NASDAQ:HDSN) trade information

Upright in the red during last session for losing -11.53%, in the last five days HDSN remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $8.67 price level, adding 18.9% to its value on the day. Hudson Technologies, Inc.’s shares saw a change of -35.73% in year-to-date performance and have moved -17.82% in past 5-day. Hudson Technologies, Inc. (NASDAQ:HDSN) showed a performance of -23.48% in past 30-days.

Hudson Technologies, Inc. (HDSN) estimates and forecasts

Statistics highlight that Hudson Technologies, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -32.69% of value to its shares in past 6 months, showing an annual growth rate of -20.87% while that of industry is 8.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -4.10% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 65.25M for the same. And 4 analysts are in estimates of company making revenue of 91.59M in the next quarter. Company posted 77.2M and 90.47M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around -23.18% while estimates for its earnings growth in next 5 years are of 30.00%.

HDSN Dividends

Hudson Technologies, Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.