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Zacks Investment Research downgraded Hudson Technologies, Inc. (NASDAQ:HDSN) to Hold in a report released today.

Yesterday Hudson Technologies, Inc. (NASDAQ:HDSN) traded -2.45% lower at $6.40. Hudson Technologies, Inc.’s 50-day moving average is $6.17 and its 200-day moving average is $4.37. The last stock price is up 45.67% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 209,622 shares of the stock were exchanged, down from an average trading volume of 655,072

Zacks Investment Research has downgraded Hudson Technologies, Inc. (NASDAQ:HDSN) to Hold in a report released on 10/5/2016.

Previously on Tuesday April 12, 2016, B. Riley reported on Hudson Technologies, Inc. (NASDAQ:HDSN) increased the target price from $0.00 to $5.75. At the time, this indicated a possible upside of 0.72%.

See Chart Below

Hudson Technologies, Inc. (NASDAQ:HDSN)

Hudson Technologies, Inc. has a 52 week low of $2.64 and a 52 week high of $6.79 with a P/E ratio of 27.70 The company’s market cap is currently $0.

Also covering Hudson Technologies, Inc.'s price target, a total of 3 brokers have issued a research note on the stock. The consensus target price is $5.75 with 1 firm rating the stock a strong buy, two equity analysts rating the company a buy, 0 brokerages rating the stock a hold, zero analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.

Brief Synopsis On Hudson Technologies, Inc. (NASDAQ:HDSN)

Hudson Technologies, Inc. is a refrigerant services company. The Company provides solutions to recurring problems within the refrigeration industry. Its products and services include refrigerant and industrial gas sales; refrigerant management services, which consist of reclamation of refrigerants, and RefrigerantSide services, which consist of system decontamination. Its refrigerant and industrial gas sales include selling of reclaimed and virgin (new) refrigerants to various customers in a range of segments of the air conditioning and refrigeration industry. It provides refrigerant management services, which also include laboratory testing through its laboratory, and banking services. It provides decontamination and recovery services that are performed at a customer's site using its Zugibeast system under its RefrigerantSide services. The Company also participates in the generation of carbon offset projects as a component of its products and services.

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