Hudson Technologies is a strong buy at the undervalued price of $10

0
By:

Motiur Rahman

on
Jun 3, 2022

Hudson Technologies is attractive for value, growth, and momentum investment styles.

The stock is currently undervalued.

This analysis projects that the stock will rise to a valuation of $43 in the long-term.

Hudson Technologies Inc. (NASDAQ:HDSN) is bullish. The stock is trading at $10.05, indicating that it is past the emotional resistance level of $10. The RSI indicates that the stock is overbought, but we think that it could go higher.

Hudson Technologies is priced like a penny stock. That places the stock within reach of many investors. It is a growth stock considering the expectation of 30% annual growth. Additionally, we consider Hudson Technologies a small-cap value stock. Together, these characteristics make the stock attractive.


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Analysis of financial performance indicates a return on equity ratio of 89.33%. The return on assets is equally high at 30.21%. There are not many companies within the price range of Hudson Technologies that have similar performance figures.

Focusing on market valuation, the price of $10.05 coincides with an EPS of $1.42. That places the PE at only 6.96. The PEG ratio is 0.23. It means that the stock is heavily discounted and also has a high potential for price appreciation. We set the price target above $43 in the long term.

Hudson Technologies is overbought but will continue gaining

Source – TradingView

Our analysis indicates that Hudson Technologies can be expected to continue gaining. This is despite the overbought signal. The stock pushed through the valuation of $10. It is likely that it would consolidate at this level for some time before moving to find a new high. Patient investors can ride the bull to new highs.

Summary

Our analysis strongly recommends buying and accumulating Hudson Technologies. The stock has strong fundamental performance. Price analysis shows that the stock is undervalued.

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