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

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

Hudson Global Price Performance

Shares of Hudson Global stock opened at $16.83 on Friday. The stock has a market capitalization of $47.46 million, a P/E ratio of 24.39, a PEG ratio of 0.49 and a beta of 0.61. The business has a 50 day simple moving average of $15.95 and a two-hundred day simple moving average of $15.93. Hudson Global has a 12 month low of $13.38 and a 12 month high of $24.00.

Hudson Global (NASDAQ:HSON) last issued its earnings results on Thursday, March 14th. The business services provider reported $0.04 EPS for the quarter. The business had revenue of $33.97 million during the quarter, compared to analysts’ expectations of $38.02 million. Hudson Global had a net margin of 1.36% and a return on equity of 5.71%. As a group, research analysts anticipate that Hudson Global will post 1.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Hudson Global stock. Victory Capital Management Inc. acquired a new position in shares of Hudson Global, Inc. (NASDAQ:HSON) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 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 & Exchange Commission. 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.