Shares of Hudson Technology (Nasdaq:HDSN) have taken a tremendous swing upward. The stock is trading at $2.40 as of 10:15 a.m. ET, 25% above Monday's closing price of $1.92. Volume is at 100,041, 2 times the daily average of 50,800.
NEW YORK ( TheStreet) -- Shares of Hudson Technology (Nasdaq: HDSN) have taken a tremendous swing upward. The stock is trading at $2.40 as of 10:15 a.m. ET, 25% above Monday's closing price of $1.92. Volume is at 100,041, two times the daily average of 50,800. Hudson Technology has a market cap of $47.1 million and is part of the services sector and diversified services industry. Shares are up 17.1% 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. TheStreet Ratings rates Hudson Technology as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself 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.