Hudson Global (NASDAQ:HSON) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a research report released on Saturday. The brokerage issued a strong-buy rating on the business services provider’s stock.

Hudson Global Trading Down 0.6 %

Shares of NASDAQ:HSON opened at $18.32 on Friday. The company has a market capitalization of $50.46 million, a PE ratio of -49.51 and a beta of 0.56. Hudson Global has a 12-month low of $13.38 and a 12-month high of $22.95. The business’s fifty day simple moving average is $17.42 and its 200-day simple moving average is $16.45.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Hudson Global stock. Victory Capital Management Inc. purchased a new position in Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned about 0.12% of Hudson Global at the end of the most recent quarter. 47.23% of the stock is currently owned by hedge funds and other 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.