Hudson Technologies, Inc. (NASDAQ:HDSN) shares, rose in value, with the stock price down by -1.14% to the previous day’s close as strong demand from buyers drove the stock to $10.43.
Actively observing the price movement in the last trading, the stock closed the session at $10.55. The PE ratio was 9.45 over 12-month period. Referring to stock’s 52-week performance, its high was $15.24, and the low was $7.21. On the whole, HDSN has fluctuated by -6.37% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HDSN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.31, with the price of HDSN currently trading nearly -2.30% and -14.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.25, while the 7-day volatility ratio is showing 2.60% which for the 30-day chart, stands at 3.46%. Furthermore, Hudson Technologies, Inc. (HDSN)’s beta value is 0.98, and its average true range (ATR) is 0.37.
A comparison of Hudson Technologies, Inc. (HDSN) with its peers suggests the former has fared considerably weaker in the market. HDSN showed an intraday change of -1.14% in last session, and over the past year, it grew by 37.87%%.
Data on historical trading for Hudson Technologies, Inc. (NASDAQ:HDSN) indicates that the trading volumes over the past 3 months, they’ve averaged 490.80K. According to company’s latest data on outstanding shares, there are 45.50 million shares outstanding.
Nearly 13.54% of Hudson Technologies, Inc.’s shares belong to company insiders and institutional investors own 72.19% of the company’s shares. The stock has fallen by -22.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HDSN stock heading into the next quarter.
