StockNews.com Begins Coverage on Hudson Global (NASDAQ:HSON)

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

Hudson Global Price Performance

HSON opened at $16.97 on Friday. The firm has a 50 day simple moving average of $16.46 and a 200 day simple moving average of $15.80. The company has a market cap of $48.08 million, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 0.48 and a beta of 0.62. Hudson Global has a fifty-two week low of $13.38 and a fifty-two week high of $24.00.

Hudson Global (NASDAQ:HSON) last released its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.04 earnings per share for the quarter. The business had revenue of $33.97 million for the quarter, compared to analyst estimates of $38.02 million. Hudson Global had a net margin of 1.36% and a return on equity of 5.71%. As a group, analysts expect that Hudson Global will post 1.73 EPS for the current year.

Hedge Funds Weigh In On Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Mariner LLC acquired a new position in shares of Hudson Global, Inc. (NASDAQ:HSON) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 82,919 shares of the business services provider’s stock, valued at approximately $1,563,000. Mariner LLC owned approximately 2.94% of Hudson Global as of its most recent filing with the Securities & Exchange Commission. 47.23% of the stock is owned by 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.