Hudson Technologies Inc (NASDAQ: HDSN) stock suffered a major decline of -18.5% on 3/7/24. The shares closed at $11.59. Moreover, exceptionally high trading volume at 514% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -20.3% during the last week.
Current PriceTarget Research Rating
HDSN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Hudson Technologies has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Hudson Technologies has a slightly positive Appreciation Score of 62 and a very high Power Rating of 94, resulting in the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment