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. 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.