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

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

Hudson Global Price Performance

Hudson Global stock opened at $10.01 on Friday. The stock’s fifty day moving average price is $10.29 and its two-hundred day moving average price is $12.61. The firm has a market cap of $27.54 million, a PE ratio of -8.70, a price-to-earnings-growth ratio of 0.37 and a beta of 0.44. Hudson Global has a one year low of $8.83 and a one year high of $19.70.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Mink Brook Asset Management LLC acquired a new stake in shares of Hudson Global in the 4th quarter valued at $3,407,000. Manatuck Hill Partners LLC raised its holdings 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 worth $783,000 after buying an additional 15,000 shares in the last quarter. Finally, Northern Trust Corp bought a new stake in shares of Hudson Global during the 4th quarter worth $166,000. 47.23% of the stock is 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.