Hudson Global (NASDAQ:HSON) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON) in a research note released on Saturday. The firm issued a strong-buy rating on the business services provider’s stock.

Hudson Global Stock Performance

Shares of HSON stock opened at $16.25 on Friday. The firm has a market capitalization of $45.83 million, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 0.50 and a beta of 0.61. The company has a 50 day moving average price of $16.21 and a 200 day moving average price of $15.86. Hudson Global has a one year low of $13.38 and a one year high of $24.00.

Hudson Global (NASDAQ:HSON) last released its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.04 earnings per share for the quarter. The business had revenue of $33.97 million for the quarter, compared to analyst estimates of $38.02 million. Hudson Global had a return on equity of 5.71% and a net margin of 1.36%. As a group, equities analysts forecast that Hudson Global will post 1.73 EPS for the current fiscal year.

Institutional Investors Weigh In On Hudson Global

A hedge fund recently bought a new stake in Hudson Global stock. Mariner LLC bought a new stake in shares of Hudson Global, Inc. (NASDAQ:HSON) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 82,919 shares of the business services provider’s stock, valued at approximately $1,563,000. Mariner LLC owned about 2.94% of Hudson Global at the end of the most recent quarter. Institutional investors own 47.23% of the company’s stock.

About Hudson Global

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.