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

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

Hudson Global Stock Performance

NASDAQ HSON opened at $19.05 on Friday. Hudson Global has a fifty-two week low of $13.38 and a fifty-two week high of $24.00. The stock has a market cap of $53.91 million, a P/E ratio of -51.49 and a beta of 0.55. The stock has a 50 day simple moving average of $16.13 and a two-hundred day simple moving average of $15.84.

Hudson Global (NASDAQ:HSON) last announced its 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). Hudson Global had a negative return on equity of 0.36% and a negative net margin of 0.69%. The firm had revenue of $33.89 million during the quarter, compared to the consensus estimate of $34.80 million. Sell-side analysts predict that Hudson Global will post -0.14 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hudson Global stock. Victory Capital Management Inc. bought a new position in Hudson Global, Inc. (NASDAQ:HSON) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 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 filing with the SEC. 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.