StockNews.com Begins Coverage on Hudson Global (NASDAQ:HSON)

StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a report released on Saturday. The firm issued a hold rating on the business services provider’s stock.

Hudson Global Price Performance

NASDAQ:HSON opened at $11.15 on Friday. The firm has a market capitalization of $30.44 million, a price-to-earnings ratio of -9.70, a price-to-earnings-growth ratio of 0.37 and a beta of 0.58. Hudson Global has a one year low of $11.15 and a one year high of $19.70. The business has a fifty day moving average price of $12.93 and a 200-day moving average price of $14.83.

Institutional Investors Weigh In On Hudson Global

Institutional investors and hedge funds have recently added to or reduced their stakes in 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 lifted its stake in shares of Hudson Global by 33.3% during the 4th quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock valued at $783,000 after buying an additional 15,000 shares in the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in shares of Hudson Global during the 4th quarter valued at $3,407,000. Institutional investors own 47.23% of the company’s stock.

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.