Hudson Technologies (HDSN) Shares are Up 4.07%

Hudson Technologies (HDSN) : Traders are bullish on Hudson Technologies (HDSN) as it has outperformed the S&P 500 by a wide margin of 8.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.9%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.07% in the last 1 week, and is up 7.43% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 9.03% and the 50-Day Moving Average is 17.55%.The 200 Day SMA reached 71.41%


Hudson Technologies (NASDAQ:HDSN): After opening at $6.37, the stock dipped to an intraday low of $6.37 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $6.72 and the buying power remained strong till the end. The stock closed at $6.65 for the day, a gain of 4.56% for the day session. The total traded volume was 604,961. The stocks close on the previous trading day was $6.65.

Hudson Technologies (HDSN) : The highest level Hudson Technologies (HDSN) is projected to reach is $8 for the short term and the lowest estimate is at $6. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $7 and the possibility the share price can swing is $0.87.

Hudson Technologies, Inc. (Hudson) is a refrigerant services company. The Company provides solutions to recurring problems within the refrigeration industry. The Companys products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant sales; refrigerant management services, and RefrigerantSide Services performed at a customers site, consisting of system decontamination to remove moisture, oils and other contaminants. In addition, RefrigerantSide services include predictive and diagnostic services for industrial and commercial refrigeration applications. Its Chiller Chemistry, Chill Smart, Fluid Chemistry and Performance Optimization are predictive and diagnostic service offerings. The Company also participates in the generation of carbon offset projects. The Company also delivers global energy services (GES) offerings to industrial and commercial companies both in the United States and internationally.

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