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

StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a report issued on Thursday. The brokerage issued a buy rating on the business services provider’s stock.

Hudson Global Trading Up 0.1 %

Shares of NASDAQ:HSON opened at $16.06 on Thursday. Hudson Global has a 12-month low of $13.38 and a 12-month high of $20.25. The stock’s 50-day moving average price is $17.29 and its 200-day moving average price is $16.91. The stock has a market capitalization of $44.25 million, a P/E ratio of -43.41 and a beta of 0.58.

Hudson Global (NASDAQ:HSON) last announced its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.11. Hudson Global had a negative return on equity of 2.60% and a negative net margin of 1.45%. The firm had revenue of $35.71 million during the quarter, compared to the consensus estimate of $35.03 million. As a group, research analysts predict that Hudson Global will post -0.03 EPS for the current year.

Hedge Funds Weigh In On 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 the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned approximately 0.12% of Hudson Global as of its most recent SEC filing. 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.