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

Analysts at StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSON) in a report issued on Saturday. The firm set a “hold” rating on the business services provider’s stock.

Hudson Global Stock Down 2.2 %

HSON opened at $11.15 on Friday. The firm has a market capitalization of $30.45 million, a P/E ratio of -9.70, a P/E/G ratio of 0.37 and a beta of 0.58. The firm’s 50 day moving average is $12.93 and its 200-day moving average is $14.81. Hudson Global has a 52-week low of $11.15 and a 52-week high of $19.70.

Institutional Trading of Hudson Global

Hedge funds have recently made changes to their positions in the stock. Northern Trust Corp acquired a new stake in shares of Hudson Global during the fourth quarter worth approximately $166,000. Manatuck Hill Partners LLC grew its position in shares of Hudson Global by 33.3% during the fourth quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock worth $783,000 after buying an additional 15,000 shares in the last quarter. Finally, Mink Brook Asset Management LLC acquired a new stake in shares of Hudson Global during the fourth quarter worth approximately $3,407,000. 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.