Hudson Technologies (NASDAQ:HDSN) PT Raised to $14.00 at EF Hutton Acquisition Co. I

Hudson Technologies (NASDAQ:HDSN – Get Rating) had its price objective boosted by equities researchers at EF Hutton Acquisition Co. I from $13.00 to $14.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. EF Hutton Acquisition Co. I’s price objective suggests a potential upside of 65.09% from the company’s previous close.

Separately, StockNews.com lowered shares of Hudson Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, March 2nd.

Hudson Technologies Trading Down 1.3 %

NASDAQ:HDSN opened at $8.48 on Thursday. Hudson Technologies has a one year low of $5.41 and a one year high of $12.46. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.26 and a quick ratio of 1.23. The company’s 50-day simple moving average is $10.26 and its 200 day simple moving average is $9.60. The firm has a market capitalization of $384.06 million, a P/E ratio of 3.85, a PEG ratio of 0.21 and a beta of 1.48.

Insider Transactions at Hudson Technologies

In other news, VP Kenneth Gaglione sold 19,000 shares of the company’s stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $11.53, for a total value of $219,070.00. Following the transaction, the vice president now owns 3,207 shares in the company, valued at $36,976.71. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 10.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HDSN. Lazard Asset Management LLC raised its holdings in shares of Hudson Technologies by 6.9% during the fourth quarter. Lazard Asset Management LLC now owns 15,908 shares of the industrial products company’s stock valued at $160,000 after purchasing an additional 1,022 shares during the last quarter. SummerHaven Investment Management LLC raised its holdings in shares of Hudson Technologies by 1.0% during the fourth quarter. SummerHaven Investment Management LLC now owns 106,593 shares of the industrial products company’s stock valued at $1,079,000 after purchasing an additional 1,074 shares during the last quarter. State of Wyoming raised its holdings in shares of Hudson Technologies by 6.5% during the fourth quarter. State of Wyoming now owns 18,845 shares of the industrial products company’s stock valued at $191,000 after purchasing an additional 1,149 shares during the last quarter. Metropolitan Life Insurance Co NY raised its holdings in shares of Hudson Technologies by 140.1% during the fourth quarter. Metropolitan Life Insurance Co NY now owns 2,677 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 1,562 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Hudson Technologies by 7.1% during the fourth quarter. JPMorgan Chase & Co. now owns 25,251 shares of the industrial products company’s stock valued at $256,000 after purchasing an additional 1,681 shares during the last quarter. Institutional investors own 62.94% of the company’s stock.

Hudson Technologies Company Profile

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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.