Hudson Global (NASDAQ:HSON) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON) in a research report released on Tuesday. The firm issued a hold rating on the business services provider’s stock.

Hudson Global Price Performance

Shares of HSON opened at $10.50 on Tuesday. Hudson Global has a 12 month low of $10.01 and a 12 month high of $19.70. The company has a market cap of $28.66 million, a P/E ratio of -9.13, a PEG ratio of 0.37 and a beta of 0.54. The stock has a fifty day moving average price of $11.90 and a 200 day moving average price of $13.92.

Hudson Global (NASDAQ:HSON) last released its quarterly earnings results on Friday, March 14th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.01. Hudson Global had a negative return on equity of 5.22% and a negative net margin of 2.46%. The company had revenue of $33.60 million during the quarter, compared to analysts’ expectations of $37.17 million. During the same quarter in the prior year, the business posted $0.04 earnings per share. As a group, research analysts anticipate that Hudson Global will post -0.87 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Mink Brook Asset Management LLC bought a new position in shares of Hudson Global in the fourth quarter worth $3,407,000. Manatuck Hill Partners LLC grew its stake in shares of Hudson Global by 33.3% in the fourth quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock worth $783,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Northern Trust Corp bought a new position in shares of Hudson Global in the fourth quarter worth $166,000. Institutional investors 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.