NEW YORK (

TheStreet

) -- Shares of

Hudson Technology

(Nasdaq:

HDSN

) have taken a tremendous swing upward. The stock is trading at $1.45 as of 3:49 p.m. ET, 22.9% above Monday's closing price of $1.18. Volume is at 50,584, 2.1 times the daily average of 23,800.

Hudson Technology has a market cap of $28.1 million and is part of the

services

sector and

diversified services

industry. Shares are down 28% year to date as of the close of trading on Monday.

Hudson Technologies, Inc., through its subsidiary, Hudson Technologies Company, provides refrigerant services and solutions in the refrigeration industry primarily in the United States. The company has a P/E ratio of 23.6, above the average diversified services industry P/E ratio of 19.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hudson Technology as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full

Hudson Technology Ratings Report

.

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