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

Equities researchers at StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a report issued on Sunday. The firm set a “strong-buy” rating on the business services provider’s stock.

Hudson Global Trading Down 2.6 %

Hudson Global stock opened at $16.05 on Friday. The firm has a 50 day moving average of $16.37 and a 200 day moving average of $15.81. The firm has a market capitalization of $45.42 million, a price-to-earnings ratio of 23.26, a P/E/G ratio of 0.48 and a beta of 0.62. Hudson Global has a 12-month low of $13.38 and a 12-month high of $24.00.

Hudson Global (NASDAQ:HSON) last posted its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $38.02 million. Hudson Global had a return on equity of 5.71% and a net margin of 1.36%. On average, analysts predict that Hudson Global will post 1.73 EPS for the current year.

Institutional Trading of Hudson Global

A hedge fund recently bought a new stake in Hudson Global stock. Victory Capital Management Inc. purchased a new stake in shares of Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 at the end of the most recent quarter. 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.