Hudson Global (NASDAQ:HSON) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a research report sent to investors on Sunday. The brokerage issued a strong-buy rating on the business services provider’s stock.

Hudson Global Price Performance

NASDAQ HSON opened at $16.81 on Friday. The firm’s 50-day moving average is $16.09 and its two-hundred day moving average is $15.81. Hudson Global has a 12 month low of $13.38 and a 12 month high of $24.00. The stock has a market capitalization of $47.57 million, a P/E ratio of -45.43 and a beta of 0.55.

Hudson Global (NASDAQ:HSON) last issued its quarterly earnings results on Friday, May 10th. The business services provider reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.98). The business had revenue of $33.89 million for the quarter, compared to analyst estimates of $34.80 million. Hudson Global had a negative return on equity of 0.36% and a negative net margin of 0.69%. As a group, analysts anticipate that Hudson Global will post -0.14 EPS for the current year.

Institutional Trading of Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Victory Capital Management Inc. purchased a new stake in Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned about 0.12% of Hudson Global as of its most recent SEC filing. Hedge funds and other 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.