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

StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a research note issued to investors on Monday morning. The brokerage issued a strong-buy rating on the business services provider’s stock.

Hudson Global Price Performance

Shares of HSON stock opened at $17.41 on Monday. The stock has a market cap of $47.96 million, a PE ratio of -47.05 and a beta of 0.56. The stock has a 50-day moving average of $17.83 and a 200-day moving average of $16.70. Hudson Global has a one year low of $13.38 and a one year high of $22.20.

Hudson Global (NASDAQ:HSON) last issued its earnings results on Thursday, August 8th. The business services provider reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.11. Hudson Global had a negative net margin of 1.45% and a negative return on equity of 2.60%. The firm had revenue of $35.71 million during the quarter, compared to the consensus estimate of $35.03 million. As a group, research analysts anticipate that Hudson Global will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Global

A hedge fund recently bought a new stake in Hudson Global stock. Victory Capital Management Inc. purchased a new stake in Hudson Global, Inc. (NASDAQ:HSON) during the fourth quarter, according to the company in 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 approximately 0.12% of Hudson Global as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.