Hudson Global (NASDAQ:HSON) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON) in a research note issued to investors on Wednesday. The brokerage set a “strong-buy” rating on the business services provider’s stock.

Hudson Global Stock Down 2.5 %

HSON opened at $15.30 on Wednesday. The firm has a market cap of $42.15 million, a P/E ratio of -41.35 and a beta of 0.58. Hudson Global has a 52 week low of $13.38 and a 52 week high of $20.25. The business’s fifty day simple moving average is $17.57 and its 200 day simple moving average is $16.83.

Hudson Global (NASDAQ:HSON) last issued its quarterly earnings results on Thursday, August 8th. The business services provider reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $35.03 million. As a group, equities analysts expect that Hudson Global will post -0.03 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. Victory Capital Management Inc. bought a new stake in shares of Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned 0.12% of Hudson Global as of its most recent filing with the SEC. Institutional investors and hedge funds 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.