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The Futility of Hudson Technologies Inc. (NASDAQ:HDSN)’s Fundamentals

Hudson Technologies Inc. (NASDAQ:HDSN) shares fell to a low of $2.68 before closing at $2.82. Intraday shares traded counted 0.61 million, which was 23.3% higher than its 30-day average trading volume of 793.47K. HDSN’s previous close was $2.79 while the outstanding shares total 43.35M. The firm has a beta of 1.37. The stock’s Relative Strength Index (RSI) is 78.34, with weekly volatility at 10.41% and ATR at 0.18. The HDSN stock’s 52-week price range has touched low of $0.82 and a $2.85 high. The stock traded higher over the last trading session, gaining 1.08% on 05/28/21.

Investors have identified the Specialty Chemicals company Hudson Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $121.01 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Hudson Technologies Inc. (HDSN) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For HDSN, the company has in raw cash 2.77 million on their books with 17.73 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 71.79 million total, with 48.34 million as their total liabilities.

HDSN were able to record -5.26 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 1.43 million. In cash movements, the company had a total of -4.97 million as operating cash flow.

Potential earnings growth for Hudson Technologies Inc. (HDSN)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, Hudson Technologies Inc. recorded a total of 33.78 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -7.61% coming in sequential stages and their sales for the 08/11/2021 quarter increasing by 34.55%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 24.64 million trying to sell their products during the last quarter, with the result yielding a gross income of 9.14 million. This allows shareholders to hold on to 43.35M with the recently reported earning now reading -0.02 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-0.02 cents a share).

Is the stock of HDSN attractive?

In related news, Director, MANDRACCHIA STEPHEN P sold 23,927 shares of the company’s stock in a transaction that recorded on May 26. The sale was performed at an average price of 2.48, for a total value of 59,339. As the sale deal closes, the Director, MANDRACCHIA STEPHEN P now sold 23,926 shares of the company’s stock, valued at 59,336. Also, Director, MANDRACCHIA STEPHEN P sold 76,073 shares of the company’s stock in a deal that was recorded on May 25. The shares were price at an average price of 2.37 per share, with a total market value of 180,293. Following this completion of acquisition, the Director, MANDRACCHIA STEPHEN P now holds 76,074 shares of the company’s stock, valued at 180,295. In the last 6 months, insiders have changed their ownership in shares of company stock by 11.00%.

1 out of 2 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Hudson Technologies Inc.. 0 analysts has assigned a Sell rating on the HDSN stock. The 12-month mean consensus price target for the company’s shares has been set at $2.50.

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