Hudson Global (NASDAQ:HSON) Earns Hold Rating from Analysts at StockNews.com

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

Hudson Global Trading Down 4.2 %

NASDAQ:HSON opened at $10.54 on Friday. The firm has a market cap of $28.78 million, a price-to-earnings ratio of -9.17, a price-to-earnings-growth ratio of 0.37 and a beta of 0.58. Hudson Global has a twelve month low of $10.50 and a twelve month high of $19.70. The company has a 50-day moving average of $12.53 and a 200-day moving average of $14.50.

Institutional Investors Weigh In On Hudson Global

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Northern Trust Corp purchased a new position in shares of Hudson Global in the fourth quarter worth approximately $166,000. Manatuck Hill Partners LLC raised its holdings in shares of Hudson Global by 33.3% during the fourth quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock worth $783,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Mink Brook Asset Management LLC acquired a new stake in shares of Hudson Global during the 4th quarter valued at about $3,407,000. 47.23% of the stock is owned by institutional investors and hedge funds.

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.