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

Research analysts at StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the business services provider’s stock.

Hudson Global Trading Up 4.0 %

Shares of HSON opened at $10.92 on Tuesday. The firm has a market capitalization of $29.81 million, a P/E ratio of -9.49, a P/E/G ratio of 0.37 and a beta of 0.54. Hudson Global has a 12-month low of $10.10 and a 12-month high of $19.70. The firm has a fifty day moving average price of $11.95 and a 200-day moving average price of $13.97.

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

Institutional Investors Weigh In On Hudson Global

A number of institutional investors and hedge funds have recently bought and sold shares of HSON. Northern Trust Corp bought a new position in shares of Hudson Global during the 4th quarter worth $166,000. Manatuck Hill Partners LLC grew its holdings in Hudson Global by 33.3% during the 4th quarter. Manatuck Hill Partners LLC now owns 60,000 shares of the business services provider’s stock worth $783,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in Hudson Global during the 4th quarter valued at about $3,407,000. 47.23% of the stock is 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.