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

StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON) in a research report sent to investors on Saturday morning. The brokerage issued a hold rating on the business services provider’s stock.

Hudson Global Price Performance

Shares of Hudson Global stock opened at $11.17 on Friday. The business has a 50-day moving average of $12.93 and a 200 day moving average of $14.79. Hudson Global has a 12 month low of $11.15 and a 12 month high of $19.70. The stock has a market capitalization of $30.51 million, a price-to-earnings ratio of -9.71, a price-to-earnings-growth ratio of 0.37 and a beta of 0.58.

Hedge Funds Weigh In On Hudson Global

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northern Trust Corp purchased a new position in shares of Hudson Global in the 4th quarter valued at about $166,000. Manatuck Hill Partners LLC boosted its stake in shares of Hudson Global by 33.3% in the 4th quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock valued at $783,000 after buying an additional 15,000 shares during the period. Finally, Mink Brook Asset Management LLC purchased a new position in shares of Hudson Global in the 4th quarter valued at about $3,407,000. 47.23% of the stock is currently owned by hedge funds and other institutional investors.

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.