NEW YORK (

TheStreet

) -- Shares of

Hudson Technology

(Nasdaq:

HDSN

) have taken a tremendous swing upward. The stock is trading at $2.20 as of 3:55 p.m. ET, 22.9% above Monday's closing price of $1.79. Volume is at 350,723, 13.1 times the daily average of 26,800.

Hudson Technology has a market cap of $44 million and is part of the

services

sector and

wholesale

industry. Shares are up 23.4% 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 37, equal to the average wholesale industry P/E ratio 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full

Hudson Technology Ratings Report

.

See our

top % gaining stocks list

for other stocks that are soaring today, or get investment ideas from our

investment research center

.

Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting

SOAR

to 95370 or select from

multiple alert options

.

null