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

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

Hudson Global Trading Up 1.2 %

Hudson Global stock opened at $10.39 on Tuesday. Hudson Global has a 12-month low of $10.01 and a 12-month high of $19.70. The firm has a market capitalization of $28.38 million, a price-to-earnings ratio of -9.03, a P/E/G ratio of 0.37 and a beta of 0.54. The firm has a 50 day moving average of $11.84 and a 200 day moving average of $13.89.

Hudson Global (NASDAQ:HSON) last posted its quarterly earnings results on Friday, March 14th. The business services provider reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The business had revenue of $33.60 million during the quarter, compared to analyst estimates of $37.17 million. Hudson Global had a negative net margin of 2.46% and a negative return on equity of 5.22%. During the same period in the prior year, the business posted $0.04 earnings per share. On average, analysts predict that Hudson Global will post -0.87 EPS for the current year.

Hedge Funds Weigh In On Hudson Global

Hedge funds have recently modified their holdings of the company. Northern Trust Corp bought a new position in shares of Hudson Global in the fourth quarter worth approximately $166,000. Manatuck Hill Partners LLC boosted its position in shares of Hudson Global by 33.3% in the fourth quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock worth $783,000 after purchasing an additional 15,000 shares during the period. Finally, Mink Brook Asset Management LLC purchased a new position in shares of Hudson Global in the fourth quarter worth $3,407,000. 47.23% of the stock is currently owned by institutional investors.

Hudson Global Company Profile

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.