Hudson Global (NASDAQ:HSON) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated 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 Stock Down 2.6 %

NASDAQ:HSON traded down $0.42 on Friday, reaching $16.05. The stock had a trading volume of 3,332 shares, compared to its average volume of 4,214. The company has a market capitalization of $45.42 million, a P/E ratio of 23.87, a price-to-earnings-growth ratio of 0.48 and a beta of 0.62. Hudson Global has a 1-year low of $13.38 and a 1-year high of $24.00. The stock has a fifty day moving average price of $16.33 and a 200-day moving average price of $15.82.

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

Institutional Trading of Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Victory Capital Management Inc. bought a new stake in Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned 0.12% of Hudson Global as of its most recent SEC filing. 47.23% of the stock is currently owned by institutional investors.

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.