Hudson Technologies, Inc’s recent filing unveils that its Director ABBATECOLA VINCENT P acquired Company’s shares for reported $14948.0 on Nov 07 ’24. In the deal valued at $5.98 per share,2,500 shares were bought. As a result of this transaction, ABBATECOLA VINCENT P now holds 161,841 shares worth roughly $0.98 million.
Then, ABBATECOLA VINCENT P sold 10,000 shares, generating $92,000 in total proceeds. Upon selling the shares at $9.20, the Director now owns 159,341 shares.
ROTH MKM downgraded its Hudson Technologies, Inc [HDSN] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. B. Riley Securities also remained covering HDSN and has decreased its forecast on October 30, 2024 with a “Neutral” recommendation from previously “Buy” rating. Canaccord Genuity revised its rating on May 02, 2024. It rated HDSN as “a Hold” which previously was an “a Buy”.
Price Performance Review of HDSN
On Monday, Hudson Technologies, Inc [NASDAQ:HDSN] saw its stock jump 3.59% to $6.06. Over the last five days, the stock has gained 12.22%. Hudson Technologies, Inc shares have risen nearly 8.60% since the year began. Nevertheless, the stocks have fallen -56.62% over the past one year. While a 52-week high of $15.24 was reached on 01/06/25, a 52-week low of $5.17 was recorded on 01/02/25. SMA at 50 days reached $6.10, while 200 days put it at $8.24.
Levels Of Support And Resistance For HDSN Stock
The 24-hour chart illustrates a support level at 5.91, which if violated will result in even more drops to 5.76. On the upside, there is a resistance level at 6.19. A further resistance level may holdings at 6.32. The Relative Strength Index (RSI) on the 14-day chart is 61.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.00%. Stochastics %K at 84.41% indicates the stock is a selling.
How much short interest is there in Hudson Technologies, Inc?
A steep rise in short interest was recorded in Hudson Technologies, Inc stocks on 2024-12-13, growing by 52805.0 shares to a total of 0.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.48 million shares. There was a rise of 9.88%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 05, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $17 price target.
