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

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

Hudson Global Stock Up 1.1 %

Shares of Hudson Global stock opened at $9.50 on Friday. Hudson Global has a twelve month low of $8.95 and a twelve month high of $19.70. The business has a 50-day moving average price of $10.51 and a 200-day moving average price of $12.82. The firm has a market cap of $26.13 million, a price-to-earnings ratio of -8.26, a PEG ratio of 0.37 and a beta of 0.44.

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

Hedge Funds Weigh In On Hudson Global

Several institutional investors have recently bought and sold shares of the business. Northern Trust Corp bought a new stake in shares of Hudson Global in the 4th quarter worth about $166,000. Manatuck Hill Partners LLC grew its position in 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 acquiring an additional 15,000 shares in the last quarter. Finally, Mink Brook Asset Management LLC bought a new stake in Hudson Global during the fourth quarter worth approximately $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.